4 ms·
those are extremely biased unemployment rate. It's been known that unemployment rate conducted by government is totally a bullshit with too many restrictions to
by joonhocho 10y ago
those 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...