South Korea Unemployment Rate at 5-Month High of 3.8%


South Korea seasonally adjusted jobless rate rose to 3.8 percent in August of 2016 from 3.6 percent in the previous two months. It is the highest jobless reading since March.

The number of unemployed persons increased by 75 thousand to 1050 thousand and 26360 thousand people were employed, 243 thousand less than in July. The labour force participation rate fell to 63.3 percent from 63.5 percent.
 
A year earlier, the jobless rate was lower at 3.6 percent. 

South Korea Unemployment Rate at 5-Month High of 3.8%


Joana Taborda | joana.taborda@tradingeconomics.com
9/12/2016 11:25:07 PM