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Over 600,000 Jobs Added for Second Consecutive Month

Written: 2021-11-10 10:16:26Updated: 2021-11-10 11:07:18

Over 600,000 Jobs Added for Second Consecutive Month

Photo : YONHAP News

More than 600-thousand jobs were added for the second consecutive month in October.

According to Statistics Korea on Wednesday, the number of employed individuals reached 27-point-74 million last month, up 652-thousand from a year earlier.

Monthly on-year job growth fell below 600-thousand in June to 582-thousand and remained in that range until August before rebounding to 671-thousand in September. 

All age groups except for the 30s saw an increase in jobs, including a jump of 352-thousand jobs for those in their 60s and older and one of 168-thousand jobs for those in their 20s. 

The employment rate for people aged 15 or older came to 61-point-four percent, up one percentage point from a year earlier. 

The jobless rate decreased point-nine percentage points on-year to two-point-eight percent last month, the lowest figure for the month of October since 2013.

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