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[Graphic News] Actual unemployment surpasses 3 million

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Published : 2014-05-19 21:25
Updated : 2014-05-19 21:25

The number of South Koreans without a job, including the underemployed and potential job seekers, surpassed 3 million in April, more than three times higher than the government’s official figure, data showed on Monday.

The actual number of unemployed stood at 3.15 million, including people under age 59 who were jobless for no particular reason and those who had part-time jobs but wanted to work longer hours, those who had given up on seeking work, and potential job applicants, according to Statistics Korea.

The jobless rate stood at 11.1 percent, while the government’s official unemployment rate in April amounted to 3.9 percent, or 1.03 million people, as many jobless people were categorized as economically inactive and excluded from the data.