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Korea Adds 139,000 Jobs in October, Above 100,000 for 4th Month

Health care and social welfare led gains as the jobless rate held at 2 percent, government data showed.

Summary by The Korea Times
Korea added 139,000 jobs in October from a year earlier, government data showed Wednesday, with job growth exceeding the 100,000 mark for the fourt...

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The employment rate for young people (ages 15–29) in October stood at 42.9%, down 1.7 percentage points from the same month last year. This is the lowest level since October 2020 (42.3%), when the impact of COVID-19 was severe. The number of employed youth also decreased by 196,000, marking the 48th consecutive month of decline. Conversely, the total number of employed individuals increased by 139,000, continuing an upward trend for the fifth co…

(Sejong = Yonhap News) Reporters Ahn Chae-won and Song Jeong-eun = The number of employed people increased by 139,000 last month, marking the fourth consecutive month of growth in the 100,000 range.

·Seoul, Korea (the Republic of)
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The number of employed people in October increased by more than 130,000 compared to the previous year. The employment rate for youth (ages 15–29) has declined for the 30th consecutive month. According to the ‘October Employment Trends’ released by the National Data Center on the 11th, the number of employed people aged 15 and older reached 29,179,000 last month, an increase of 139,000 from the same period last year. By industry, the healthcare s…

Last month, the number of employed people increased by 139,000 compared to a year ago, remaining in the 100,000 range for four consecutive months. Employment sluggishness persisted, particularly as the number of employed youth dropped by nearly 200,000 and manufacturing employment returned to a downward trend after just one month. According to the "October Employment Trends" released by the National Data Center on the 11th, the number of employe…

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BizToc broke the news on Tuesday, November 10, 2026.
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