COVID-19: Number of unemployed South Koreans hit a record high

The number of unemployed South Koreans hit a record high in May as the COVID-19 pandemic has hammered the job
COVID-19: Number of unemployed South Koreans hit a record high

SEOUL: The number of unemployed South Koreans hit a record high in May as the COVID-19 pandemic has hammered the job market, data showed on Sunday.

The number of unemployed people who had been seeking to find jobs for less than three months reached 735,000 in May, up 107,000 from the previous year, according to Statistics Korea.

The tally marked the largest figure for the month of May since the agency began to compile data in June 1999, reports Yonhap News Agency.

The monthly growth also marked the largest since January 2019, when such people increased by 173,000.

The sharp rise came after the country switched to distancing in everyday life in early May, prompting some non-economically active people to seek to find jobs.

When non-economically active people or those who have no willingness to work try to find jobs, they are calculated as jobless people.

After nearly six weeks of tighter social distancing, the government eased the guideline on May 6 to enable citizens to carry out social and economic activities amid quarantine rules. (IANS)

Top Headlines

No stories found.
Sentinel Assam
www.sentinelassam.com