South Korea jobless rate hits 3-1/2-yr high amid political uncertainty – World

SEOUL: South Korea’s jobless rate jumped to the highest in 3-1/2 years in December, as political turmoil stoked economic uncertainty and dampened sentiment, data showed on Wednesday, a day ahead of the central bank’s first monetary policy meeting of the year.

The unemployment rate last month rose to 3.7% on a seasonally adjusted basis, the highest since June 2021 and sharply up from 2.7%…

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News Source: www.brecorder.com


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