S. Korea's jobless rate falls to 3.8 pct in April

SEOUL, May 13 (Yonhap) -- South Korea's unemployment fell in April and the pace
of job losses slowed amid signs that the worst of the economic downturn might be
nearing an end, a government report showed Wednesday.

The jobless rate stood at 3.8 percent last month, down from the previous month's
4 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 reduction also eased, with 188,000 works being eliminated from payrolls last
month compared with a year earlier. In March, the economy shed 195,000 positions.
kokobj@yna.co.kr
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