In May, South Korea's jobless claims rose 1.8% year-over-year, reaching 88,000 applicants.

In May, South Korea's jobless claims rose for the second consecutive month, with an increase of 1.8% compared to the same month last year. The rise in claims was driven by higher demand in sectors including construction, communications, and science. The number of benefit applicants reached 88,000, while the total payment for job-seeking benefits increased 1.4% to 1.08 trillion won.