South Korea’s jobless rate inched down in June from a month earlier, but job creation slowed for the fourth straight month, raising concerns that employment conditions are getting tough for many job seekers, a government report showed Wednesday.
According to the report by Statistics Korea, the jobless rate stood at 3.5 percent last month, down from 3.6 percent tallied in May. The seasonally adjusted jobless rate also fell to 3.6 percent from the previous month’s 3.7 percent.
The number of employed people was 25.88 million in June, up 398,000 from a year earlier.
This marked the fourth straight month that job growth has slowed since February, when the on-year increase came to 835,000, the report showed. (Yonhap)
