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Originally published by Capital Business
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business
June 9, 2025
5mo ago

S. Korea’s jobless claims fall in May

S. Korea’s jobless claims fall in May

SEOUL, June 9 (Xinhua) -- South Korea's jobless claims fell in four months due to weaker demand in health and welfare, public administration, and lodging Kenya breaking news | Kenya news today |..

✨ Key Highlights

In May, South Korea’s jobless claims experienced a decline for the first time in four months, influenced by reduced demand in various sectors, according to government data.

  • New applicants for job-seeking benefits fell by 3.1 percent to 85,000 from a year earlier.
  • This data was reported by the Ministry of Employment and Labor.
  • The total number of benefit receivers increased by 3.7 percent to 670,000, with total payments reaching 1.11 trillion won (818.1 million U.S. dollars).

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