South Korea’s jobs fall in April at sharpest pace since 1999
By Administrator_India Capital Sands South Korea’s unemployment rate was unchanged in April but the number of employed fell at its fastest in more than two decades, data showed on Wednesday, as efforts to contain the coronavirus pandemic shut businesses and cut social activity. The nation’s unemployment rate was a seasonally adjusted 3.8% in April, unchanged from March. However, the number of employed was 26.6 million in April, 476,000 fewer than a year earlier, for the worst plunge since February 1999, when the figure shrank 658,000, data from Statistics Korea showed.…
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