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S Korea s industrial output falls 0 8 pct in 2020 over COVID-19 - World News

S Korea s industrial output falls 0 8 pct in 2020 over COVID-19 - World News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

PM orders finance minister to carefully prepare compensation measures for virus-hit businesses

COVID-19 : Moon Jae-in entend indemniser les petits commerçants

COVID-19 : Moon Jae-in entend indemniser les petits commerçants
kbs.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kbs.co.kr Daily Mail and Mail on Sunday newspapers.

South Korea s jobless rate hits a 10-year high

South Korea has lost the most jobs in two decades and the unemployment rate hit a 10-year high as the businesses slashed hiring amid the COVID-19 pandemic. The nation shed 628,000 jobs last month compared with the prior year, the 10th straight monthly drop and the most since February 1999. Restaurants and hotels were the hardest hit, but manufacturing also lost more than 100,000 jobs for a second month, signaling that a recovery in tech exports has yet to translate into increased employment. The unemployment rate jumped to 4.6 percent, the highest since January 2010. Economists had forecast a reading unchanged from November last

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