Posted inNorth Korea, Northeast Asia, South 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, […]