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Economy | Time: Jul 10 2019 1:52PM
S. Korea's employment growth posts 17-month high in June
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SEOUL, July 10 (Xinhua) -- South Korea's employment growth posted a 17-month high in June, with the hiring rate hitting the record monthly high, a government report showed Wednesday.

The number of those employed totaled 27,408,000 in June, up 281,000 from the same month of last year, according to Statistics Korea.

It was the fastest increase in 17 months since January 2018, staying above 200,000 for the second straight month.

The hiring rate among those aged 15 or higher rose 0.2 percentage points over the year to 61.6 percent last month.

The OECD-method employment rate among those aged 15-64 added 0.2 percentage points to 67.2 percent in June, marking an identical figure with the previous record high tallied in July 2017.

The number of people unemployed was 1,137,000 in June, up 103,000 from a year ago. Unemployment rate added 0.3 percentage points to 4.0 percent in the month.
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