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Job Growth Improves Slightly in Sept., but Remains Sluggish

Write: 2018-10-12 09:02:52Update: 2018-10-12 11:32:12

Job Growth Improves Slightly in Sept., but Remains Sluggish

Photo : YONHAP News

South Korea's job growth slightly increased in September, but the monthly data remained below 100-thousand for the eighth consecutive month.

According to Statistics Korea on Friday, the number of employed people last month stood at 27-point-05 million, up 45-thousand from a year earlier. 

The monthly job growth figure, which hovered around 300-thousand last year, has remained below 100-thousand since February. 

The country's overall employment rate dropped two tenths of a percentage point on-year to 61-point-two percent, while the jobless rate came to three-point-six percent last month, up point-three percentage point. 

The number of jobless people stood at one-point-02 million, up 92-thousand from a year earlier. 

The unemployment rate for young people, aged between 15 and 29, came to eight-point-eight percent, down four tenths of a percentage point from a year earlier.

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