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Job creation lowest on record among under-30s
South Korea's jobless rate declined in June from a year earlier as the nation added more jobs, helped by robust exports and expanded industrial output, a government report showed Wednesday.
The jobless rate stood at 3.3 percent last month, down from 3.5 percent a year earlier, according to the report by Statistics Korea. It was, however, slightly higher than 3.2 percent in May.
Job creation appears to be gaining traction as the private sector keeps hiring. The number of working people came to 24.75 million last month, up 472,000 from a year earlier, quickening from the previous month's on-year growth of 355,000, the report showed. (Yonhap News)
