Korea adds 74,000 jobs in April, lowest in 16 months

“Korea added 74,000 jobs in April, marking the slowest growth in 16 months after staying above the 200,000 mark for two consecutive months, government data showed Wednesday. The number of employed people came to 28.96 million in April, compared with 28.88 million a year earlier, according to data from the Ministry of Data and Statistics. Job growth had expanded in the 200,000 range in February and March. The country's jobless rate came to 2.9 percent last month, unchanged from a year earlier. The number of unemployed people totaled 853,000 in April, down 2,000. The employment rate of the youth aged from 15 to 29 came to 43.7 percent, down 1.6 percentage points from the previous year.

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