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  • S. Korea's Ratio Of Unemployed In Late 20s Highest Among OECD Nations
Over 20% of Unemployed S. Koreans Age 25-29

Over 20% of Unemployed S. Koreans Age 25-29

The proportion of unemployed people aged between 25 and 29 in South Korea is the highest among member states of the Organization for Economic Cooperation and Development.

According to a report by the Bank of Korea, 21.6 percent of South Korea's unemployed were in their late twenties in 2018.

It marked the seventh consecutive year that the ratio of unemployed in the age range was the highest in the OECD.

Denmark came in second at 19.4 percent, followed by Mexico at 18.2 percent.

The ratio in the United States and Japan was 13 percent and 12.6 percent, respectively.

Experts noted that amid the global economic downturn, South Korea's relatively tight job market dealt a hard blow to young job seekers.■

<Image: Yonhap News>

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