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South Korea's jobless rate falls

South Korea,Business/Economy, Wed, 11 Jul 2012 IANS

Seoul, July 11 (IANS) South Korea's jobless rate fell to 3.2 percent last month from a year earlier due to continued job creation in the service sector, a government report showed Wednesday.

The unemployment rate stood at 3.2 percent in June, down 0.1 percentage point from the same month of last year, according to Statistics Korea. From a month before, the rate was up 0.1 percentage point, reported Xinhua.

The jobless rate fell for 13 straight months in June on an on-year basis due to continued job creation in the service industry.



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