The Korea Herald

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S. Korea's jobless rate falls to 3 percent in August

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Published : Sept. 21, 2011 - 10:47

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SEOUL, Sept. 21 (Yonhap) -- South Korea's jobless rate declined in August from a year earlier as the number of newly created jobs in the country increased, a government report showed Wednesday.

The jobless rate stood at 3 percent last month, down from 3.3 percent a year earlier, according to the report by Statistics Korea.

The report showed 490,000 more jobs being created last month compared with a year earlier, up from July's 335,000. The total number of working people stood at 24.49 million.