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South Korea's jobless claims surge by 12.4% in October, reversing recent employment gains.
South Korea saw a 12.4% rise in jobless claims in October, with 89,000 new applicants, due to increased demand in construction, wholesale and retail, and manufacturing.
This follows a three-month improvement in the employment market.
The total payment for job-seeking benefits grew by 9.9% to 1 trillion won (715.6 million USD), and the number of benefit receivers reached 587,000, up 3.7% from last year.
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Las demandas de desempleo de Corea del Sur aumentaron en un 12,4% en octubre, revirtiendo las recientes ganancias de empleo.