Temporary jobs in South Korea fell to a 31-year third-quarter low.
Context
What happened: South Korea's temporary and daily worker count fell to its lowest third-quarter level in 31 years, according to government data, amid a prolonged construction slump.
Key numbers: Combined figure down 95,000 year on year to 5.73 million in July-September, lowest Q3 since 1995. Daily workers fell 38,000 to 833,000.
Why it matters: The data attributes the decline largely to weak employment in the construction sector, with daily construction workers accounting for most of the overall drop and workers in their 50s seeing the sharpest decline.
What changed
South Korea's temporary and daily worker count fell to its lowest third-quarter level in 31 years, according to government data, amid a prolonged construction slump.
Why it matters
The data attributes the decline largely to weak employment in the construction sector, with daily construction workers accounting for most of the overall drop and workers in their 50s seeing the sharpest decline.