South Korea’s employment population has decreased for five consecutive months

Seoul, August 12: from March to July this year, the number of employed people in South Korea has decreased year on year for five consecutive months. The employment rate of young people aged 15 to 29 is particularly low. Affected by the novel coronavirus pneumonia,

suffered from the impact of the Korean economy and the employment market deteriorated. According to data released by South Korea’s Department of statistics on the 12th, the number of employed people decreased by 195000 in March, 476000 in April, 392000 in May and 352000 in June compared with the same period last year; the number of employed people continued to decline in July, with a year-on-year decrease of 277000. < p > < p > Hong Nanji, Deputy Prime Minister and Minister of planning and finance of South Korea, said on the same day that the youth employment market continued to be sluggish. Affected by the epidemic, people reduced going out and face-to-face transactions, resulting in a significant reduction in jobs in accommodation, catering, tourism and other industries.