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S. Korea added 830,000 new jobs in July amid slowing job growth Updated: 2022-08-10 12:46:30 KST

South Korea reported employment growth for the 17th straight month in July.
According to Statistics Korea Wednesday, nearly 28.5 million people were working last month, up 826-thousand on-year.
The figure is the highest for any July since related data was first compiled in 1989.
However, the pace of growth slowed for a second consecutive month due to lingering economic uncertainties.
Growth was led by the manufacturing sector, with an on-year increase of 176-thousand jobs followed by the health and social welfare service sector and the ICT industry.
The unemployment rate fell point-3 percentage points on-year to 2.9 percent in July, dropping below 3 percent for the first time since the Asian Financial Crisis in the late 1990s.
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