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South Korea's jobless rate falls

Source : IANS
Last Updated: Wed, Dec 12, 2012 10:20 hrs

Seoul, Dec 12 (IANS) South Korea's jobless rate fell to 2.8 percent last month due to strong job creation in the manufacturing sector, a government report showed Wednesday.

The unemployment rate stood at 2.8 percent in November, down 0.1 percentage point from the same month last year, according to Statistics Korea. From a month before, the rate was unchanged, reported Xinhua.

After peaking at 4.2 percent in February, the jobless rate has trended down to 2.8 percent that is nearly at a full employment level.




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