Youth Unemployment Hits 18-Year High in AugustVideo

Write : 2017-09-13 09:15:13 Update : 2017-09-14 09:28:42

South Korea's jobless rate remained unchanged in August, but youth unemployment hit an 18-year high based on August figures. The number of newly employed people also dropped below 300-thousand for the first time in seven months.
According to Statistics Korea on Wednesday, the number of employed people reached 26-point-seven million last month, up 212-thousand from a year earlier.
It is the smallest increase since growing 201-thousand in February 2013. 

The number of newly employed people stood above the 300-thousand mark for six consecutive months before slipping again in August.
The nation's unemployment rate stood at three-point-six percent last month, unchanged from a year ago, while the employment rate inched up by one tenth of a percentage point from a year ago to 61-point-one percent.
However, the unemployment rate for young people, aged between 15 and 29, came to nine-point-four percent, slightly up from nine-point-three percent last year. It’s also the highest level since August 1999 when it posted ten-point-seven percent.

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
2018 Inter-Korean Summit
North Korea Inside
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
More Service
KBS World Radio Mobile
  • KBS World Radio Mobile
  • The new app consolidates KBS World Radio’s news and feature contents with services previously provided through separate apps...


1 / 4