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  • S. Korea's Employment Rate Hits 22-Year High In 2019
increase in employment

increase in employment

South Korea's employment rate reached a 22-year high last year.

Data from Statistics Korea on Wednesday showed 301,000 jobs were added in 2019, marking the first time in two years that the number of job additions exceeded 300,000.

Thanks to the addition, the employment rate for people aged between 15 and 64 rose to 60.8 percent last year, marking the highest figure since 1982.

The number of employed people reached over 27.1 million in December, up 516,000 on-year, representing the largest growth in five years and four months.

Meanwhile, the jobless rate remained unchanged from the previous year at 3.8 percent.■

<Image: Yonhap News>

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