South Korea Jobless Rate Falls In December

South Korea's unemployment rate decreased at the end of the year, Statistics Korea reported Wednesday.

The seasonally adjusted jobless rate dropped to 3.4 percent in December from 3.6 percent in November.

In the corresponding month last year, the unemployment rate was 3.5 percent.

On an unadjusted basis, the jobless rate rose slightly to 3.2 percent in December from 3.1 percent a month ago.

The number of unemployed people grew to 867,000 in December from 854,000 in the preceding month. A year ago, the jobless figure totaled 868,000.

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Feb 22 at 1:36 UTC