South Korea adds 216,000 jobs in April, jobless rate at 3.9 pct
Xinhua, May 13, 2015 Adjust font size:
South Korea added new jobs by the lowest rate in 26 months in April, with its jobless rate unchanged at 3.9 percent from a year earlier, a government report showed on Wednesday.
The number of those employed totaled 25.9 million in April, up 216,000 from a year earlier, according to Statistics Korea. It was the lowest growth since February 2013 when the economy created 201, 000 new jobs.
The country's job creation has trended down after peaking at 835,000 in February 2014. In the past three months, the employment rose more than 300,000.
The unemployment rate was unchanged at 3.9 percent in April compared with the same month of last year.
The youth jobless rate among those aged 15-29 rose 0.2 percentage points from a year earlier to 10.2 percent in April. It was lower than 10.7 percent in March, but higher than any April figure in the past 16 years. Endi