S. Korea's employment growth slows for 5th month in October

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S. Korea's employment growth slows for 5th month in October

STORY: S. Korea's employment growth slows for 5th month in October DATELINE: Nov. 10, 2022 LENGTH: 00:01:01 LOCATION: Seoul CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Seoul 2. various of job seekers receiving counseling and interviews (courtesy of Yonhap TV) 3. various of workers at factories (courtesy of Yonhap TV) STORYLINE: South Korea's employment growth continued to slow for the fifth consecutive month in October amid rising economic uncertainty such as interest rate hikes, statistical office data showed Wednesday. The number of those employed totaled 28,418,000 in October, up 677,000 from a year earlier, according to Statistics Korea. Jobs kept expanding for 20 months since March last year, but the year-over-year job increase slowed from 935,000 in May to 841,000 in June, 826,000 in July, 807,000 in August and 707,000 in September respectively. Uncertainty mounted over the economy amid the higher interest rates that raised worry about the economic downturn. The country's central ba

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