S. Korea's unemployment rate expected to rise

Monday, 10 January 2005 11:09:00 (GMT+3)   |  

S. Korea’s unemployment rate expected to rise

According to the survey of domestic and foreign financial institutions, South Korea's unemployment rate is expected to rise in December compared to the previous month due to the continuous stagnation in the domestic economy. Analysts forecast unemployment rate to rise to 3.5% in December from 3.3% recorded in November.

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