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[MONITOR] Long-term unemployment surges

By Korea Herald

Published : Nov. 7, 2016 - 16:37

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The number of unemployed South Koreans without jobs for at least six months surged by 62,000 on-year to reach 182,000 as of August, the Korea Employment Information Service said Monday.
The largest share, 44 percent, were aged between 15 and 29, reflecting the widening mismatch between demands of companies and young jobseekers, the agency said.

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