Friday, September 23, 2011

Unemployment at three-year low

Not to jinx it or anything, but the economy in South Korea is humming along, despite a global downturn and a recent drop in the value of the won.

Unemployment has dropped to only 3.1 percent. I would say that's only about one-third that of the US, but I suspect a slight apples-and-oranges approach to data collection. I will say that it's much better than my immediate household, where unemployment has remained at a daunting 100 percent since 2010.


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