(2nd LD) S. Korea adds 139,000 jobs in October, above 100,000 for 4th month

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 Ministry of Data and Statistics data. Key numbers: Employed people Why it matters: A senior statistics official said manufacturing declined slightly due to job losses in textile, automobile and clothing industries, while noting manufacturing has maintained a stable trend in industrial output. First Vice Finance Minister Kwon Dae-young said jobs are the most important path through which export-driven growth reaches the domestic economy. Coverage: 3 outlets in 24h

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 Ministry of Data and Statistics data.

A senior statistics official said manufacturing declined slightly due to job losses in textile, automobile and clothing industries, while noting manufacturing has maintained a stable trend in industrial output. First Vice Finance Minister Kwon Dae-young said jobs are the most important path through which export-driven growth reaches the domestic economy.