South Korean unemployment falls, but weak private hiring still a concern
We see BoK as more likely to ease in October than August
Korea: May unemployment rate rises, but labour market conditions appear…
Labour market conditions held up relatively well in May despite rising inflation and the rising interest rate environment.
Korea unemployment rate plunged to 2.7%, the lowest since the pandemic
Korea’s labour market continues to recover, helped by a temporary boost from Covid related services.
