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South Korea's jobless rate hit an 11-month high in February, jumping to a seasonally adjusted...

South Korea's jobless rate hit an 11-month high in February, jumping to a seasonally adjusted 3.7% from 3.2% in January, mainly due to a flood of new job seekers as graduates entered the market. The data will likely do little to dampen optimism over the resilience of Asia's fourth-largest economy, and the jobs market is expected to pick up again in March.
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Comments (2)
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    (warning: politically-incorrect nationally-insensitive [not racially-insensitive] comment follows)

     

    "...jumping to a seasonally adjusted 3.7% from 3.2% in January..."

     

    Leave it to the Korean kid in the class to mess up the curve.

     

    Didn't someone tell them about the "new normal?"
    14 Mar 2012, 07:56 AM Reply Like
  • Windsun33
    , contributor
    Comments (4308) | Send Message
     
    11 month high of 3.7%, gee how sad...

     

    Perhaps they are doing something wrong, they need to seek some advice from Obama on how it's supposed to be done. "..SEOUL—South Korea ran a current account deficit in January for the first time in nearly two years ..". "South Korea posts rare current account deficit.."
    14 Mar 2012, 01:01 PM Reply Like
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