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S. Korea’s jobless rate rises to 4.7 pct in February

S. Korea’s jobless rate rises to 4.7 pct in February

South Korea’s jobless rate rose to 4.7 percent in February despite the increased pace of hiring, government data showed Wednesday, in the latest sign of an economic slowdown in Asia’s fourth-largest economy. The unemployment rate marked the highest level for any February since 2017, when the corresponding figure stood at 4.9 percent, according to Statistics […]

Unemployment of college graduates hits record high

Unemployment of college graduates hits record high

The unemployment rate for college graduates rose to a record high in the second quarter as companies and small businesses grew more reluctant to hire new workers amid a consumption slump and other unfavorable business conditions. Due to worsening job market conditions, the number of unemployed university graduates as of June exceeded the figure following […]

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