Posted inNorth KoreaNortheast AsiaSouth Korea

Korean jobless rate rises while Moon’s popularity falls

South Korea’s unemployment rate in August hit its highest rate since 2010 as the Moon Jae-in administration pursues a controversial policy of “income-led growth.” According to a government report on jobs quoted by local media,  unemployment rose to 4.2% in August from 3.8% in July – the highest rate South Korea has suffered since 2010, […]