S. KOREA REPORTS THE LARGEST JOB LOSS IN DECEMBER 2020 DUE TO PANDEMIC

Highlights –

• S. Korea reports the largest job loss in December 2020 due to pandemic.
• In December 2020, the jobless rate rose 0.7 percentage point on-year to 4.1 percent.
• The unemployment rate for young adults came to 8.1 percent in December.
• The manufacturing sector lost 110,000 jobs on-year in December 2020.

The South Korean government on Wednesday rep....