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S. Korea's jobless rate edges up to 3.6 pct in Sept.

All News 08:05 October 12, 2016

SEJONG, Oct. 12 (Yonhap) -- South Korea's jobless rate rose in September from a year earlier, and the unemployment rate for young adults also remained high amid a protracted economic slowdown, a government report showed Wednesday.

The unemployment rate in Asia's fourth-largest economy stood at 3.6 percent last month, compared with 3.2 percent tallied a year earlier, according to the report compiled by Statistics Korea.

The number of employed people stood at 26.5 million in September, up 267,000 from a year earlier, with the monthly gain dropping sharply from the previous month's 387,000.

The unemployment rate for young people, aged between 15 and 29, reached 9.4 percent last month, up slightly from July's 9.3 percent.


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