Korea's youth unemployment rises
Unemployment rate of young people in Korea stands at 9.2 percent. / Yonhap
By Yeo Ye-rim
The unemployment rate for people aged 15-29 stands at 9.2 percent in Korea, a 0.2 percent increase since last year, according to the OECD on Monday.
Korea is among five OECD countries where youth unemployment has increased over the year.
The others are Finland with a 1.8 percent increase, Norway 1.5 percent, Turkey 0.5 percent and Netherlands 0.3 percent.
The remaining 29 members either maintained the rate or recorded a fall.
Countries with the greatest fall included Ireland with 3.9 percent, Slovakia 3.7 percent, Greece 3.7 percent and Spain 3 percent.
The average rate across OECD members was a 1 percent fall.
Compared to European countries, Korea has low youth unemployment.
However, the figure does not take into account many people preparing for civil service examinations.