General

S. Korea’s on-year job additions rise over 300,000 for first time in 3 months


South Korea added more than 300,000 jobs for the first time in three months in January, data showed Friday.

The number of employed people came to 27.74 million last month, up 380,000 from a year earlier, according to the data compiled by Statistics Korea.

It is the first time in three months that the country has added more than 300,000 jobs, while hiring has picked up pace on-month for three months in a row.

The country’s jobless rate came to 3.7 percent last month, down 0.1 percentage point from a year earlier, the data showed.

Source: Yonhap News Agency