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Economy

South Korean jobs rise at lowest rate in five months in June

Parliament under pressure to pass extra-budget bill designed to create more jobs

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A woman looks at recruiting information during a job fair in Seoul.   © Reuters

SEOUL -- South Korea added the fewest jobs in five months in June, official data showed Wednesday, making the job tougher for President Moon Jae-in's government which has prioritized job creation in its economic policy.

Statistics Korea said that 268.6 million people were employed in June, up 301,000 from a year ago. But the magnitude of increase was smaller than May's 375,000 and April's 424,000. The unemployment rate among youths aged between 15 and 29 also surged to 10.5% last month, up slightly from 10.3% a year ago. Overall, the unemployment rate inched up to 3.8% in June from 3.6% in May.

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