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Business

S. Korea jobless rate up in January

Published: 11 Feb 2015 - 11:24 am | Last Updated: 17 Jan 2022 - 02:59 am


Seoul---South Korea's jobless rate rose in January from a month earlier, with more graduates and early retirees seeking work, government data showed Wednesday.
The jobless rate stood at 3.8 percent last month, up from 3.4 percent in December and 3.5 percent a year ago, Statistics Korea said.
But the seasonally adjusted jobless rate edged down to 3.4 percent from 3.5 percent the previous month.
"The jobless rate went up as more people, including graduate students and those in their 50s, looked for jobs," Statistics Korea said in a press statement.
Unemployment among those aged 15-29 also inched up to 9.2 percent from 9.0 percent a month earlier.

AFP