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S. Korea Adds 419,000 Jobs in October

Write: 2019-11-13 08:51:22Update: 2019-11-13 17:23:55

Photo : YONHAP News

South Korea added more than 300-thousand jobs for the third consecutive month in October. 

According to the data by Statistics Korea on Wednesday, the number of employed people reached 27-point-five million last month, up 419-thousand from a year ago.

The number of added jobs posted over 300-thousand for three straight months, although it did not reach the 452-thousand mark posted in August. 

The employment rate for people aged 15 or older rose by point-five percentage points on-year to 61-point-seven percent, a 23-year high for any October. 

The unemployment rate decreased point-five percentage points on-year to three percent, with the number of jobless individuals dropping by 108-thousand to 864-thousand.

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