SEOUL, May 13 (AJP) — Jobs grew at the slowest pace last month since December 2024 in South Korea, when the country grappled with the aftermath of the martial law episode, as the war in the Middle East dragged on for more than two months.
In April, the number of employed persons among the population aged 15 and over rose by 74,000 from a year earlier to 28.96 million, according to the Ministry of Data and Statistics on Wednesday.
This marks the smallest increase in one year and four months, since December 2024 when the number of employed persons decreased by 52,000.
The employment rate for the working-age population, aged 15 to 64, stood at 70 percent, up marginally by 0.1 percentage point from a year earlier.
The employment rate for the youth population, aged 15 to 29, fell by 1.6 percentage points to 43.7 percent, extending a downward trend for the second consecutive year since May 2024.
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