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Job Growth Slows to 193,000 after September Surge

Written: 2025-11-12 09:42:11Updated: 2025-11-12 15:54:58

Job Growth Slows to 193,000 after September Surge

Photo : YONHAP News

The nation’s job growth slowed to the 100-thousand range in October after a sharp rise the previous month.

According to the Ministry of Data and Statistics' Economically Active Population Survey, released Wednesday, the number of employed people increased 193-thousand from the previous year to 29-point-04 million last month.
 
Job growth slowed to the 100-thousand range after rebounding to the 300-thousand range in September for the first time in 19 months.
 
The rate has remained mainly in the 100-thousand range this year, though May and September saw larger gains.
 
Jobs in the construction industry declined for the 18th consecutive month, with 123-thousand jobs lost in October, and manufacturing jobs also dropped by 51-thousand, extending a 16-month downward trend.

Seventy-point-one percent of people 15 to 64 were employed last month, an increase of zero-point-three percentage points from October 2024.

But employment among those 15 to 29 slipped one percentage point to 44-point-six percent over the same period.

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