SEJONG, Aug. 25 (Korea Bizwire) — The employment price for 9 minor cities in South Korea fell within the first half of this 12 months, because the coronavirus pandemic hit job markets, knowledge confirmed Tuesday.
The employment price for the 9 cities, together with Jeonju, Osan, Yangsan and Chuncheon, stood at 58.three p.c within the first half, down 2 share factors from a 12 months in the past, in line with the information from Statistics Korea.
The employment price for 9 counties, together with Inje of Gangwon Province and Shinan of South Jeolla Province, additionally declined 0.9 share level to 65.9 p.c within the first half, the information confirmed.
The jobless price within the cities of Osan in Gyeonggi Province and Gumi in North Gyeongsang Province stood at 5.four p.c within the first half, marking the very best degree among the many 9 cities.
Statistics Korea mentioned the jobless price within the two cities was excessive as a result of they have been largely fashioned for residence.
In July, the employment price for these aged between 15 and 64 in South Korea reached 66 p.c, down 1.1 share level on-year.
South Korea misplaced about 277,000 jobs in July, marking a decline within the variety of the employed for a fifth consecutive month, as the brand new coronavirus pandemic strained enterprise actions.
The nation’s jobless price rose by 0.1 share level on-year to 4 percent in July, with the variety of employed individuals falling to 27.1 million, Statistics Korea mentioned earlier.