Economic Buzz: South Korea Unemployment Rate Steady At 2.7%

11 May 2022 , 12:36 PM

South Koreas unemployment rate remained stable for a second month in April, according to the data from Statistics Korea. The jobless rate was a seasonally adjusted 2.7 percent in April, same as seen in February and March. In April last year, the unemployment rate was 3.7 percent. On an unadjusted basis, the unemployment rate remained unchanged at 3.0 percent in April. In the same month last year, unemployment rate was 4.0 percent.Powered by Commodity Insights