S.Korea Adds 619,000 Jobs In May, Jobless Rate At Four Percent

S.Korea Adds 619,000 Jobs In May, Jobless Rate At Four Percent

SEOUL, Jun 9 (NNN-YONHAP) – South Korea added 619,000 jobs in May, from a year earlier, with jobless rate standing at 4.0 percent, statistical office data showed today.

The number of those employed was 27,550,000 in May, up 619,000 from a year earlier, according to Statistics Korea.

The employment continued to rise for three straight months, with an increase of 314,000 people in Mar and 652,000 in Apr.

Employment rate among those aged 15 or over, rose 1.0 percentage point, over the year, to 61.2 percent in May.

The number of those unemployed totalled 1,148,000 in May, down 130,000 from a year earlier. Unemployment rate declined 0.5 percentage point to 4.0 percent last month.

The number of economically inactive population, who had no willingness to seek a job and remained unemployed, came to 16,351,000 in May, down 196,000 from a year ago.– NNN-YONHAP

administrator

Related Articles