RTTNews - South Korea's jobless rate edged up to 4% on a seasonally adjusted basis in June from 3.9% in May, the National Statistical Office said Wednesday. The number of unemployed persons increased to 980,000 from 954,000 in the preceding month.
At the same time, the number of employed persons grew to 23.5 million from 23.3 million in May. The economically active population rose to 24.5 million from 24.3 million, while the participation rate edged up to 61.3% from 60.7% in the preceding month.
On an unadjusted basis, the jobless rate increased to 3.9% in June from 3.8% in the preceding two months.
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