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South Korea's jobless rate on a seasonally adjusted basis decreased to 3.8% in July from 4% in the preceding month. The number of unemployed persons fell to 938,000 from 980,000 in June.
The number of employed persons declined slightly to 23.54 million in July from 23.58 million in the preceding month. Further, the economically active population decreased to 24.48 million from 24.56 million a month earlier. The participation rate fell to 61% from 61.3% in June.
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