Pantheon Macroeconomics - Korea's unemployment rate plunged unexpectedly in August, to 3.2%--the lowest in a year--from 4.2% in July, defying expectations for no change and the renewed pressure on the economy from the second wave of Covid-19.

Asia | 11 Sept 2020 Korea's August Jobs Surprise was all Luck, Look for a Second Wave Hit
Korea's unemployment rate plunged unexpectedly in August, to 3.2%--the lowest in a year--from 4.2% in July, defying expectations for no change and the renewed pressure on the economy from the second wave of Covid-19.

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11 Sept 2020 Korea's August Jobs Surprise was all Luck, Look for a Second Wave Hit

By Chanco Miguel

Korea's unemployment rate plunged unexpectedly in August, to 3.2%--the lowest in a year--from 4.2% in July, defying expectations for no change and the renewed pressure on the economy from the second wave of Covid-19.

Posted: 11th Sep 2020 in 'Asia'

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