S. Korea's Job Growth Remained Below 200,000 in June

Write : 2018-07-11 09:43:03 Update : 2018-07-11 11:34:11

S. Korea's Job Growth Remained Below 200,000 in June

South Korea's monthly job growth remained below the 200-thousand mark for the fifth straight month in June. 

According to Statistics Korea on Wednesday, the number of employed people last month stood at 27-point-13 million, an increase of 106-thousand, or point-four percent, from a year earlier. 

In February, the monthly on-year employment growth figure marked 104-thousand to fall below the 200-thousand mark for the first time in 21 months. The figure stayed below the level for the next three months and then dropped below the 100-thousand mark in May.

The latest report also shows that the country's overall employment rate dropped one tenth of a percentage point on-year to 61-point-four percent in June, while the jobless rate came to three-point-seven percent last month, also down point-one percentage point on-year.
    
The unemployment rate for young people, aged between 15 and 29, came to nine percent, down one-point-four percentage points from a year earlier.

[Photo : KBS News]

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