S.Korea's employment grows by 807,000 on-year in August-Xinhua

S.Korea's employment grows by 807,000 on-year in August

Source: Xinhua| 2022-09-16 10:27:45|Editor: huaxia

SEOUL, Sept. 16 (Xinhua) -- The number of employed people in South Korea grew by 807,000 in August from a year earlier, statistical office data showed Friday.

The year-on-year employment growth has been on the decline for the third consecutive month, falling from 935,000 in May to 841,000 in June and 826,000 in July.

The employment rate for those aged 15 and higher gained 1.6 percentage points over the year to 62.8 percent in August, posting the highest August figure since relevant data began to be compiled in 1982.

The number of those unemployed stood at 615,000 in August, down 129,000 from a year earlier. The jobless rate slipped 0.5 percentage points to hit a record low of 2.1 percent.

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