142000 jobs lost on-year in Korea.
Korea lost jobs at the fastest on-year rate in the last half decade in February, despite state-sponsored “job-sharing” efforts, according to the National Statistics Office yesterday.
Manufacturers, financial companies, restaurants – nearly every industry cut jobs in a battle against the worsening economy.
The job loss comes as the country is on track to record the worst on-year quarterly gross domestic product growth in more than 10 years.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically each day to your feed reader. Alternatively you can follow us on Twitter.
