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S. Korea's jobless rate stands at 3.7 pct in Jan.

2016/02/17 08:03

SEJONG, Feb. 17 (Yonhap) -- South Korea's jobless rate rose sharply in January from a month earlier due to seasonal factors, a government report showed Wednesday.

The jobless rate stood at 3.7 percent last month, up from 3.2 percent in December, but 0.1 percentage point lower than the year before, according to the report by Statistics Korea.

The seasonally adjusted jobless rate, on the other hand, moved unchanged at 3.5 percent from a month ago.

The unemployment rate for those between 15 and 29 jumped to 9.5 percent last month from 8.4 percent tallied in December.

The number of employed people reached 25.4 million last month, with 339,000 new jobs being created compared with the year before, the report showed. The increase in jobs is the lowest tallied in 11 months.