Worst jobless rate for 15 to 29 - young being cheated out

By Oh Young-jin

The jobless rate for young people ― those aged between 15 and 29 ― was 9.9 percent for all of 2017, marking the worst figure since the government started compiling the annual data.

Overall jobless rate rose slightly in December due to seasonal factors, Statistics Korea said Tuesday.

The unemployment rate stood at 3.3 percent last month, up 0.1 percentage point from a year earlier.

From a month earlier, it also climbed 0.1 percent.

The number of employed people reached 26.42 million last December, up 253,000 from a year earlier, unchanged from the previous month's rise.