S. Korea's employment rises 225,000 in November
Summary
South Korea's employment increased by 225,000 in November, driven largely by jobs for the elderly, while unemployment remained steady at 2.2 percent.
Key Points
- South Korea's employment rose by 225,000 in November, marking the 11th consecutive month of growth.
- The increase was primarily driven by a rise of 333,000 jobs for those aged 60 and older.
- Employment rates for ages 15 and older grew to 63.4 percent, while the overall unemployment rate remained steady at 2.2 percent.
- Jobs in health, social welfare, business support, and arts sectors increased, whereas manufacturing and construction jobs declined.
