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South Korea Unemployment Rate Rises Marginally
RTT ^ | 06/11/2013 | RTT

Posted on 06/12/2013 7:24:27 PM PDT by TexGrill

Unemployment rate in South Korea edged up to 3.2 percent on a seasonally adjusted basis in May, according to a report published by Statistics Korea on Wednesday.

This compares with a jobless rate of 3.1 percent in April 2013 and 3.3 percent in May 2012. Economists expected the rate to remain at the April level.

The unadjusted unemployment rate was 3 percent, lower than 3.2 percent in April 2013 and 3.1 percent in May 2012.

The number of unemployed persons in the country fell to 797,000 in May on an unadjusted basis from 825,000 in the preceding month.

(Excerpt) Read more at rttnews.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: southkorea
More gloomy economic news coming out of the Asia-Pacific region.
1 posted on 06/12/2013 7:24:27 PM PDT by TexGrill
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To: TexGrill

A 3.2% unemployment rate is gloomy???


2 posted on 06/12/2013 7:29:31 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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