[THE INVESTOR] South Korea’s jobless rate dropped to 3.5 percent in July, a government report showed Aug. 10.
The unemployment rate last month compares to 3.6 percent tallied in June, according to Statistics Korea.
The number of employed people stood at 26.6 million in July, up 298,000 from a year earlier, with the monthly gain contracting from the previous month’s 354,000.
The unemployment rate for young people, aged between 15 and 29, reached 9.2 percent last month, down from June’s 10.3 percent.
(theinvestor@heraldcorp.com)
The unemployment rate last month compares to 3.6 percent tallied in June, according to Statistics Korea.
The number of employed people stood at 26.6 million in July, up 298,000 from a year earlier, with the monthly gain contracting from the previous month’s 354,000.
The unemployment rate for young people, aged between 15 and 29, reached 9.2 percent last month, down from June’s 10.3 percent.
(theinvestor@heraldcorp.com)