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South Korea Jobless Rate Rises to 2.5% in Sept

South Korea Unemployment Rate

The seasonally adjusted unemployment rate in South Korea edged up to 2.5% in September 2024 from a one-year low of 2.4% in August. The number of unemployed persons declined by 39,000 or 5.9% year-on-year to 622,000. The number of employed persons also totaled 28.842 million, up 144,000 or 0.5% from a year ago. The seasonally adjusted labor force participation rate stood at 64.5% in September, remaining the same year-on-year.

#newsonleo #unemployment #jobs #southkorea