South Korea's unemployment rate rose to a ten-year high in May as firms reduced hiring amid coronavirus pandemic, figures from Statistics Korea showed on Wednesday.
The jobless rate rose to a seasonally adjusted 4.5 percent in May from 3.8 percent in April. In the same month last year, the unemployment rate was 4.0 percent.
This was the highest rate in ten years.
On an unadjusted basis, the unemployment rate increased to 4.5 percent from 4.2 percent in the previous month.
The number of unemployed decreased to 1.278 million in May from 1.172 million in the preceding month.
At the same time, the number of employed persons increased by 368,000 from prior month to 26.93 million in May.
The unemployment rate to 4.5 percent in May, but employment too increased on a monthly basis, so if such a thing is possible, this is a "good" rise in the unemployment rate, Robert Carnell, an ING economist said.
作者：RTTNews Staff Writer，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.ceo
加载失败()