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Where would a good source for unemployment data come from? My quick google search show Korea at 3.7% Unemployment. Is that just totally wrong? http://www.tradi
by hn_user2 10y ago
Where would a good source for unemployment data come from? My quick google search show Korea at 3.7% Unemployment. Is that just totally wrong?
http://www.tradingeconomics.com/south-korea/unemployment-rate http://www.tradingeconomics.com/south-korea/unemployment-rat...
- jdcarter 10y agoI believe joonhocho was speaking more about youth unemployment than overall unemployment. From the same web site, that rate appears to bounce around in the double digits: http://www.tradingeconomics.com/south-korea/youth-unemployment-rate http://www.tradingeconomics.com/south-korea/youth-unemployme...
- joonhocho 10y agothose are extremely biased unemployment rate. It's been known that unemployment rate conducted by government is totally a bullshit with too many restrictions to be categorized as "unemployed". There are many articles (written in Korean) that list those restrictions, for example: http://slownews.kr/19261 http://slownews.kr/19261 For young people, more realistic unemployment rate is 34.2% or 1.8million according to this article: http://www.yonhapnews.co.kr/bulletin/2016/06/13/0200000000AKR20160613141800002.HTML http://www.yonhapnews.co.kr/bulletin/2016/06/13/0200000000AK...