Job growth extended for 9th month in Nov. amid economic recovery

jobless rate-November

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| 2021-12-15 08:02:39

▲ This file photo, taken Nov. 16, 2021, shows a message hung on a tree at an employment expo in southern Seoul that reads jobseekers want to land jobs. (Yonhap)

jobless rate-November

Job growth extended for 9th month in Nov. amid economic recovery

By Kim Soo-yeon

SEOUL, Dec. 15 (Yonhap) -- South Korea reported job additions for the ninth straight month in November in the latest sign the country's economic recovery has continued despite the latest upsurge in COVID-19 cases, data showed Wednesday.

The number of employed people reached 27.79 million last month, 553,000 more than a year earlier, according to the data compiled by Statistics Korea.

The reading was lower than an on-year increase of 652,000 in October. But the number of employed people has risen since March as Asia's fourth-largest economy is recovering from the pandemic.

The country's jobless rate fell 0.8 percentage point on-year to 2.6 percent last month. It marked the lowest for any November since 1999.

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