South Korea December unemployment fee surges to three.7% (from 2.7% in November)

South Korea’s unemployment fee rose sharply to three.7% in December, the very best in three.5 years, amid heightened financial uncertainty and political turmoil.

• This marked a major improve from 2.7% in November.

The variety of employed folks decreased by 52,000 year-over-year in December, the primary decline since February 2021, following a acquire of 123,000 in November, in accordance with Statistics Korea.

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December was the month of this short-lived try at martial legislation in SK.

Authorities in SK try once more to make the arrest.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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