South Korea's July jobless rate falls for second month

Published Wed, Aug 12, 2020 · 12:54 AM

    [SEOUL] South Korea's unemployment declined in July for a second month as business sentiment improved from the fallout of the coronavirus pandemic.

    The seasonally adjusted unemployment rate declined to 4.2 per cent in July, down from a decade-peak of 4.5 per cent in May, data from Statistics Korea said on Wednesday.

    REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Share with us your feedback on BT's products and services