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(LEAD) S. Korea adds 139,000 jobs in October, above 100,000 for 4th month

October job growth of 139,000 extends a four-month streak above 100,000.

What happened: South Korea added 139,000 jobs in October from a year earlier, with job growth above 100,000 for the fourth consecutive month, according to the Ministry of Data and Statistics. Key numbers: Employed people totaled 29.17 million versus 29.04 million a year earlier. Jobless rate was 2 percent, down 0.2 percentage point. Unemployed totaled 602,000, down 56,000. Why it matters: Overall growth stayed above 100,000 for a fourth month, but youth employment fell for a 30th consecutive month and the accommodation and restaurant sector posted its sharpest drop since February 2021.
South Korea added 139,000 jobs in October from a year earlier, with job growth above 100,000 for the fourth consecutive month, according to the Ministry of Data and Statistics.
Overall growth stayed above 100,000 for a fourth month, but youth employment fell for a 30th consecutive month and the accommodation and restaurant sector posted its sharpest drop since February 2021.
Sources