South Korea's Labour Market Weakens, Supporting Central Bank's Dovish Stance
Source: SeekingAlpha
2026-01-14 01:40:00 ET
By Min Joo Kang , Senior Economist, South Korea and Japan
The unemployment rate jumped to 4.0% in December
South Korea’s unemployment rate increased more than anticipated in December to 4% from 2.7% in November (ING forecast: 3.0%, market consensus: 2.7%). In addition to the typical year-end seasonal rise attributed to a public job programme, private sector hiring fell short of expectations....
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South Korea's Labour Market Weakens, Supporting Central Bank's Dovish Stance
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