South Korea's unemployment rate fell for the first time in five month in March, data from Statistics Korea showed Thursday.
The seasonally adjusted unemployment rate fell to 3.4 percent in March from February's 11-month high of 3.7 percent. Economists had expected only a modest fall to 3.6 percent.
The number of unemployed persons rose by 419,000 from a year earlier to 24.265 million in March, the statistical office said.
In unadjusted terms, the jobless rate dropped to 3.7 percent from 4.2 percent in February. The employment rate was at 58.6 percent in March.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.