Statistics Korea

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A photorealistic illustration of South Korea's slowing job market in Seoul, showing concerned workers on a quiet city street amid signs of economic challenges.
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South Korea adds 74,000 jobs in April, slowest in 16 months

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South Korea added 74,000 jobs in April, marking the slowest growth in 16 months amid higher oil prices and weaker consumer sentiment from the Middle East conflict.

Alcohol expenditures in South Korea fell at the fastest pace in seven years in the first quarter amid changing drinking habits and growing health consciousness, government data showed Tuesday.

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South Korea's industrial output, retail sales and facility investment all rose from a month earlier in March, official data showed on April 30. It marked the first time since September that all three indicators posted on-month growth. A ministry official said the Middle East crisis has not yet impacted the economy.

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