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S. Korea's unemployment benefit hits new high in June Updated: 2020-07-13 17:00:56 KST

The amount of unemployment benefits paid out in South Korea last month rose to a record high.
According to the labor ministry, the government paid 1.1 trillion won -- or a little under a billion U.S. dollars -- in state unemployment allowances last month.
That's an increase of nearly 63 percent on year.
The figure has broken record after record since February because of the COVID-19 pandemic.
The ministry explained, that not only have many Koreans lost their jobs but the government has increased the budget for unemployment. and the length of the benefits since last year.
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