• Bloomberg


South Korea’s youth unemployment rate rose to a record high in November, following political protests that paralyzed the government and led parliament to vote to impeach the president.

The unadjusted jobless rate for people aged 25 to 29 rose to 8.2 percent in November, up from 8 percent in October and 7.4 percent a year earlier, Statistics Korea said. That is the highest in comparable data back to 1999. The seasonally-adjusted jobless rate fell to 3.6 percent from 3.7 percent in October, with rising employment in agriculture and fisheries compensating for job losses in manufacturing.

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