KPL
(KPL/Yonhap) Republic of Korea added more than 170,000 jobs in July, but employment losses continued in the manufacturing and construction sectors, while youth employment remained sluggish, data showed Wednesday.
(KPL/Yonhap) Republic of Korea added more than 170,000 jobs in July, but employment losses continued in the manufacturing and construction sectors, while youth employment remained sluggish, data showed Wednesday.
The number of employed people stood at 29.03 million last month, up 171,000 from a year earlier, according to the data compiled by Statistics Korea.
The July 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, posting a double-digit growth for seven consecutive months by adding 245,000 jobs in May before slightly easing to 183,000 in June.
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