South Korea's March 2024 employment increased by 173,000, marking the lowest growth in three years; youth employment rate declined for the first time in six months.

South Korea's employment increased by 173,000 in March 2024, marking the lowest growth in over three years. The number of employed people aged 15 or older reached 28,396,000, with job growth driven mainly by the elderly population. The youth employment rate fell for the first time in six months, and the manufacturing sector reported job growth for four consecutive months.

April 11, 2024
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