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South Korea's Job Market Sees Uptick Amid Rising Unemployment

5/17/2025

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Summary

Story summary

In April, South Korea's job market experienced a slight uptick, with 28.89 million people employed—an increase of 194,000 from last year. Yet, the manufacturing and construction sectors struggled, leading to rising jobless claims for the third consecutive month, now at 103,000. Meanwhile, the number of benefit recipients surged by 6.1%, reaching 702,000.

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Story summary

In April, South Korea's job market experienced a slight uptick, with 28.89 million people employed—an increase of 194,000 from last year. Yet, the manufacturing and construction sectors struggled, leading to rising jobless claims for the third consecutive month, now at 103,000. Meanwhile, the number of benefit recipients surged by 6.1%, reaching 702,000.