S.Korea's employment grows by 677,000 on-year in October
Nov 09, 2022
Seoul [South Korea], November 9: The number of employed people in South Korea grew 677,000 in October from a year earlier, statistical office data showed Wednesday.
The year-on-year employment growth has been on the decline for the fifth consecutive month, falling from 935,000 in May to 841,000 in June, 826,000 in July, 807,000 in August, and 707,000 in September respectively.
The employment rate for those aged 15 or higher rose 1.3 percentage points over the year to 62.7 percent last month, posting the highest October figure since relevant data began to be compiled in 1982.
The number of those unemployed was 692,000 in October, down 95,000 from a year earlier.
The jobless rate slipped 0.4 percentage points to 2.4 percent.
Source: Xinhua
