The number of unemployed people with college degrees or higher education has hit a quarterly record, indicating that the labor market is growing tighter for the highly educated.
According to Statistics Korea on Sunday, the number of unemployed people grew one-point-two percent year-on-year to one-point-167 million in the first quarter of this year.
The majority of those, 543-thousand people, held college degrees or higher education, while 451-thousand were high school graduates. Less than 100-thousand people had just primary or lower education and 75-thousand were middle school graduates.
The unemployment rate among high school graduates dropped nine-point-one percent, but increased in all other categories.
The number of economically nonactive people decreased zero-point-one percent to 16-point-552 million in the first quarter compared to the same period last year.