The number of employees has posted the largest growth in 15 months.
   
Statistics Korea released an employment trend report on Wednesday showing that 26 million South Koreans were employed in March, up 466-thousand from the same month last year.
 
In particular the number of employees surged in the service and construction industries.
 
The overall employment rate stood at 60-point-two percent, the highest to be posted in March since 1997.
 
The unemployment rate dropped zero-point-one percentage points to four-point-two percent. The youth unemployment rate came to eleven-point-three percent, down zero-point-five percentage points.
 
The government said that despite the better-than-expected labor market, it will continue efforts to bolster employment, noting remaining risk factors, such as economic uncertainties at home and abroad and repercussions from corporate restructuring.