(MENAFN- Qatar News Agency) Seoul August 13 (QNA) - South Korea's jobless rate inched down in July from a month earlier and job creation accelerated thanks to improvements in the manufacturing retail and construction sectors a government report showed Wednesday. According to the report by Statistics Korea the jobless rate stood at 3.4% last month down from a revised 3.5% in June. The seasonally adjusted jobless rate also fell to 3.4% from the previous month's 3.6% (Yonhap) news agency reported. The number of employed people in July came to 25.98 million up 505000 from a year earlier. This is larger than the previous month's 398000 and marks the first time in three months that the on-year job creation has exceeded 500000. (QNA)
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