Industry
Korea adds 351,000 jobs in May to post record employment rate
June 14, 2023
Total employment in South Korea reached 28.83 million in May, up 351,000 from a year earlier, data from Statistics Korea showed Wednesday. It was the second consecutive month that the nation’s on-year job growth increased, though the growth rate slowed slightly. Since the beginning of this year, the on-year monthly employment rate has been fluctuating in the range of about 300,000 to 400,000 individuals. In February, there were 312,000 more on-year employed individuals, and the figure peak