South Korea's jobless rate remained unchanged from a month earlier in October, but the pace of job creation slowed to a four-month low, a government report showed Wednesday.
The country's jobless rate stood at 3.2 percent last month, according to the report from Statistics Korea. The seasonally adjusted jobless rate also remained unchanged from a month earlier at 3.5 percent.
The number of employed people came to 25.95 million in October, up 406,000 from the same month last year. This is the slowest on-year job growth since June when 398,000 jobs were added to the economy.
The slow growth was partly attributed to a large loss of jobs in the farming sector. In October, payroll in the farming sector shrank by 146,000, down 8.3 percent from the same month last year.
"The total number of people employed rose by about 400,000 from a year earlier as the drop in the number of jobs in the farming sector continued, with the rise in the number of people employed in the service, manufacturing and retail industries also slowing down," the report said.
The public service sector lost 52,000 jobs while the manufacturing and retail industries added 142,000 new jobs, up 3.4 percent on-year. The number of jobs in the retail and wholesale sector gained 3.5 percent on-year to 128,000.
"... It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings."....I know not what course others may take; but as for me, give me liberty or give me death!"
Tuesday, November 11, 2014
WHAT EXACTLY IS THE GOAL OF THE DEMOCRAT POTUS BHO WITH EVERY POWER OF THE US GOVERNMENT TO BRING EMPLOYMENT TO BEAR DOWN BUT ALL WE GET A THE TRICKLING EFFECT OF 5.8% UNEMPLOYMENT WITH 9 MILLION OF YOU NO LONGER LOOKING FOR LACK OF JOBS FOR 6 YEARS –YET WITH SK WHO CAN EDUCATE AND BRING JOBS FOR ITS CITIZENS WITH TECHNOLOGY, FROM ENERGY, TO SILICON, TO COSMETICS AS ITS CORE, YET THE DEMOCRATS ALL CAN DO IS STIFLE JOBS GROWTH WITH REGULATIONS AND OBAMASCARE TO SHOW FOR IT– BUT THEN THIS IS THE RESULTS OF LEFTIST LIBERALS DEMOCRATS RUNNING THINGS–THE PLAN TO DESOLATE AND DESTROY BY CHAOS SO THEY CAN LOOK OH SO SMARTER THAN THE REST OF US–THE SO CALLED ELETIST THAT THEY ARE - SK HAS A JOBLESS RATE OF 3.2% FOR ITS CITIZENS
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment