UNEMPLOYMENT IN WATER-LOGGED KOREA HIGHEST SINCE 2000; YOUTH WORST HIT

• South Korea was on the receiving side  this time as it lost about 277,000 jobs in July.
• With a stinging  decline in the number of employed for a fifth consecutive month, the new coronavirus pandemic had businesses running for cover with lack of business activity as polled this Wednesday.

The country's unemployment rate rose by 0.1 percentage point on-year to 4 percent in July, wit....