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  • S. Korea's Jobless Rate Rises 4% In May
South Korea's jobless rate rose slightly in May due to a fall in employment in the retail, manufacturing and educational service sectors.

Government data shows the unemployment rate stood at 4 percent last month, up 0.4 percentage point from a year earlier.

The number of employed people reached just over 27 million, up 72,000 on-year.

The unemployment rate for young adults, aged between 15 and 29, was 10.5 percent, up 1.2 percentage points over the same period.■

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