World News | Korea Adds Nearly 200,000 Jobs in March
Get latest articles and stories on World at LatestLY. The Republic of Korea added nearly 2,00,000 jobs in March, but employment in the construction and manufacturing sectors continued to decline, data showed Wednesday.
Seoul [South Korea], April 9 (ANI/ WAM): The Republic of Korea added nearly 2,00,000 jobs in March, but employment in the construction and manufacturing sectors continued to decline, data showed Wednesday.
Yonhap News Agency quoted data compiled by Statistics Korea as saying that the number of employed people reached 28.59 million last month, up 1,93,000 from a year earlier.
The country had posted a net increase of 1,35,000 jobs in January, reversing a 52,000 decrease in the previous month. In February, the Republic of Korea added 1,36,000 new positions.
In March, employment in the construction sector dropped by 1,85,000 from the same month last year, marking a continuous decline for 11 consecutive months.
In contrast, employment in public health and social welfare increased 2,12,000, while jobs in public administration and finance rose by 87,000 and 65,000, respectively. (ANI/ WAM)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)