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<Econ> S Korea Mar Seasonally Adjusted Unemployment Rate Falls to 2.7%
Statistics Korea announced that S Korea's economically active population in Mar was 29.679 million, up 0.172 million or 0.6% YoY. The labor force participation rate was 64.6%, flat...
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<Econ> S Korea Mar Seasonally Adjusted Unemployment Rate Falls to 2.7%
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Statistics Korea announced that S Korea's economically active population in Mar was 29.679 million, up 0.172 million or 0.6% YoY. The labor force participation rate was 64.6%, flat YoY.

In the same month, the number of employed persons in S Korea was 28.795 million, up 0.206 million or 0.7% YoY. The employment-to-population ratio was 62.7%, up 0.2 ppts YoY.

Related NewsPPI MoM for Mar in the United States is 0.5%, unchanged from its last period. The forecast was 1.1%.
The economically inactive population in S Korea in Mar increased by 0.069 million or 0.4% YoY to 16.271 million. Among them, 2.548 million were classified as "temporarily not working for no specific reason," up 0.031 million YoY.

The number of unemployed persons in S Korea in Mar was 0.884 million, down 0.035 million or 3.8% YoY. The unemployment rate was 3%, compared with the previous reading (Feb) of 3.4%.

The seasonally adjusted number of unemployed persons in S Korea in Mar was 0.799 million, down 0.078 million or approximately 8.9% MoM. The seasonally adjusted unemployment rate in S Korea in Mar fell to 2.7%, compared with the previous reading (Feb) of 2.9%. (da/w)

Related NewsCore PPI YoY for Mar in United States is 3.8%, unchanged from its last period. The forecast was 4.1%.



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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