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S. Korea Sees Job Growth in July Despite Weak Manufacturing Employment

Seoul: South Korea added 108,000 jobs in July from a year earlier, government data showed Wednesday, marking the second consecutive month of gains, while manufacturing employment continued to remain weak. The number of employed people came to 29.13 million in July, compared with 29.02 million a year earlier.

According to Yonhap News Agency, job growth turned positive again in June, rising by 63,000 after declining by 40,000 in May, the first drop in 17 months. The country's jobless rate came to 2.6 percent in July, up 0.2 percentage point from a year earlier. The number of unemployed people totaled 776,000 last month, rising 50,000 from the previous year.

The employment rate for people aged 15 to 64 came to 70.3 percent, rising 0.1 percentage point over the period. However, the employment rate for the age group of 15 to 29 fell 1.6 percentage points to 44.2 percent. The report showed jobs in the manufacturing sector shed 68,000 on-year in July.

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