S.Korea April unemployment rate stays at historical low for 3rd month
© Reuters. FILE PHOTO: People walk on a zebra crossing in central Seoul, South Korea, June 15, 2016. REUTERS/Kim Hong-Ji
SEOUL (Reuters) – South Korea’s unemployment rate remained at a historical low for a third month in April, while the number of people employed increased for a 14th straight month, the government data showed on Wednesday.
The seasonally adjusted unemployment rate for April stood at 2.7%, unchanged from the previous two months and the lowest since the data release began in 1999.
The country added 865,000 jobs over a year ago, after adding 831,000 jobs in March, extending gains to a 14th straight month.
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