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S. Korea vows tailored job support measures for individual sectors (opens original article in a new tab)

TL;DR

South Korea plans tailored job support measures for different sectors amid economic challenges from the Middle East crisis and a 40,000-job loss in May.

  • South Korea plans tailored job support for manufacturing, construction, agriculture, and fisheries sectors.
  • The country lost 40,000 jobs in May, marking the first decline in 17 months due to the Middle East crisis.
  • Youth employment rate dropped to 43.8% in May, down 2.4 percentage points from a year earlier.

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