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[News Focus] COVID-19 likely to cause record surge in payouts for jobless in March
[News Focus] COVID-19 likely to cause record surge in payouts for jobless in March
EconomyMar 29, 2020
SEJONG -- Government payouts for the jobless are estimated to have shot up to a historic high in March in the wake of COVID-19. The Ministry of Employment and Labor is set to make the figure public in about two weeks. A surge in the number of unemployment benefits claimants is projected for sectors including tourism, airlines, restaurants, lodging, private educational institutes and many other retail services. Among the eight major cities and nine provinces in South Korea, Daegu and Nort