S. Korea's jobless claims fall for 2nd month in November
Summary
South Korea saw a second consecutive monthly decline in jobless claims in November, with decreases in construction and retail sectors, while manufacturing and real estate saw rises.
Key Points
- South Korea's jobless claims fell for the second consecutive month in November.
- New applicants for job-seeking benefits dropped 6.4 percent year on year to 84,000.
- Declines in benefit applicants were noted in construction, wholesale and retail, and lodging and food service industries.
- Total payment of job-seeking benefits decreased by 6.0 percent to 792 billion won in November.
