Manufacturing jobs rose for the first time in 27 months, signaling a labor market turnaround.
Context
What happened: South Korea's manufacturing employment rose for the first time in 27 months in September, with 4.36 million employed, up 16,000 from a year earlier, per the Ministry of Data and Statistics.
Key numbers: Manufacturing up 16,000, first gain since June 2024 after 26 months of losses. Total employed rose 113,000 to 29.27 million. Accommodation and food services lost 97,000 jobs.
Why it matters: The ministry said export strength was feeding through to employment, while health and welfare gains offset losses elsewhere, leaving the overall slowdown smaller than expected.