Korea adds 166,000 jobs in Aug, 3rd month of over 100,000 gain

Home > Business > Economy

print dictionary print

Korea adds 166,000 jobs in Aug, 3rd month of over 100,000 gain

A job seeker looks at job listings at a career fair in Gumi, North Gyeongsang, on July 16. [YONHAP]

A job seeker looks at job listings at a career fair in Gumi, North Gyeongsang, on July 16. [YONHAP]

 
Korea added nearly 170,000 jobs in August, marking the third consecutive month of over 100,000 employment growth, data showed Wednesday.
 
The number of employed people stood at 28.97 million last month, up 166,000 from a year earlier, according to the data compiled by Statistics Korea.
 

Related Article

 
The August figure highlights a continued upward trend in employment following a brief contraction in December, when the country saw a net loss of 52,000 positions.
 
Since then, the labor market has shown signs of modest recovery, adding 245,000 jobs in May before slightly easing to 183,000 in June and 171,000 in July.
 
August also marks the eighth consecutive month of on-year growth.
 
However, employment in the manufacturing and construction sectors continued to slump, signaling persistent weakness in key industries. The employment rate among younger age groups also showed a downward trend.

Yonhap
Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
s
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)