S. Korea adds 626,000 jobs on-year in November

jobless rate-November

S. Korea adds 626,000 jobs on-year in November

SEOUL, Dec. 14 (Yonhap) -- South Korea added jobs for the 21st straight month in November, data showed Wednesday, but the growth continued to slow for the sixth month in a row amid concerns over an economic recession.

The number of employed people stood at 28.4 million last month, up some 626,000 from a year earlier, according to the data compiled by Statistics Korea.

The November figure marked a slight drop from the on-year rise of 677,000 tallied in the previous month.

South Korea's jobless rate fell 0.3 percentage point on-year to 2.3 percent in November, the data showed.

The South Korean economy faces concerns over a recession amid inflation and weak exports.

Consumer prices, a key gauge of inflation, rose 5 percent last month from a year earlier in November, compared with a 5.7 percent increase in October, separate data showed earlier.

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