ID :
55635
Wed, 04/15/2009 - 19:10
Auther :

S. Korea`s jobless rate rises to 4 pct in March

SEOUL, April 15 (Yonhap) -- South Korea's jobless rate rose in March as companies
trimmed recruitment for fear of a worsening economic downturn, a government
report showed Wednesday.
The unemployment rate stood at 4 percent last month, up from the previous month's
3.9 percent, according to the report by the National Statistical Office.
The March figure was in line with a median forecast in a poll by Yonhap Infomax,
the financial news arm of Yonhap News Agency.
Job losses accelerated, with employers eliminating 195,000 positions from their
payrolls compared with a year earlier. In February, they trimmed 142,000 jobs.
kokobj@yna.co.kr
(END)

X