每日跟讀#600: Jobless rate hits 19-year high in April
According to job figures released by Statistics Korea, the total number of jobless people surpassed 1.24 million as of April for the first time since the government started compiling the data in June 1999.
The jobless rate stood at 4.4 percent, up 0.3 percentage point from a year earlier and marking the highest for any April since 2000, when Asia’s fourth-largest economy was reeling under the aftermaths of the Asian Financial Crisis.
The latest jobless rate was partly attributable to the increased number of applicants to take the civil servant test. About 380,000 took the test in April this year, while 200,000 had applied in March last year. Taking the heaviest blow from the sluggish employment trend was the retail and wholesale sector, which lost 76,000 positions in April.
Source article: https://features.ltn.com.tw/english/article/paper/1289703