SEOUL -- The prolonged novel coronavirus outbreak has dealt a body blow to the labor market in South Korea, causing the number of people in paid employment to plunge by nearly 1 million in January alone.
Economy
South Korea facing worst labor market crisis since 1997
As dreams fade for young, Moon calls for 900,000 publicly funded jobs by Q1
South Korean President Moon Jae-in, in a Feb. 5 speech, says South Korea’s unemployment crisis is the worst since the 1997 financial crunch.
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