S. Korea adds 568,000 new jobs y/y in Jan., employment rate highest in over 5 years

S. Korea adds 568,000 new jobs y/y in Jan., employment rate highest in over 5 years


now South Korea’s job market continued
to perform strongly in January according to statistics Korea on Wednesday the
number of employed people in South Korea reached 26 point eight million up 568
thousand on year and that’s the biggest on-year rise in almost five and a half
years it’s also the second straight month that the number of new jobs has
topped the half-a-million mark the employment rate for those 15 years or
older was 60 percent its highest for the month of January since 1982
South Korea’s jobless rate in January fell 0.4 percentage points on year to
4.1 percent