Job growth slows from 184,000 in August to 113,000; youth workers aged 15–29 drop by 147,000
South Korea added 113,000 jobs in September from a year earlier, bringing total employment to about 29.27 million, the Ministry of Statistics said Friday. The gain was smaller than the 184,000 increase recorded in August.
The number of employed workers aged 15 to 29 fell by 147,000. Under a newly introduced 15-to-34 age bracket published for the first time this month, youth employment also declined by 98,000. The employment rate for those aged 15 to 64 rose 0.2 percentage points year-on-year to 70.6 percent, while the unemployment rate fell 0.1 percentage point to 2.0 percent.
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