S. Korea adds 419,000 new jobs y/y in Oct., employment rate hits highest level in 30 years

Arirang News 2019-11-13

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South Korea added 419-thousand new jobs on-year in October, adding more than 300-thousand new jobs for the third consecutive month.
Statistics Korea says there was an increase in the number of health and social welfare services jobs, but manufacturing, wholesale and retail jobs continued to decline.
The employment rate in October for those between 15 and 64 years old hit 67-point-three percent,...the highest level since October 1989.
The overall unemployment rate fell half-a-percentage point to three percent.

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