Korea’s youth unemployment came in at 9.7 percent last month, the highest for the month of May since comparable data began to be collected in 1999.
The jobless rate for the 15-29 age group has been on a record-breaking streak since February, as economic gloom continues in Asia’s fourth-largest economy.
From a month earlier, the youth jobless rate marked a decrease of 0.4 percentage point.
Overall unemployment stood at 3.7 percent in May, compared to 3.9 percent tallied in April, or 3.8 percent recorded the same month in 2015.