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S.Korea's youth jobless rate falls to lowest in over 2 years

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SEOUL, Nov. 11 (Xinhua) -- Jobless rate among South Korean youths fell in October to the lowest in more than two years, indicating a recovery in labor market conditions for college graduates, whose unemployment was estimated to top 1 million, a government report showed Wednesday. According to the report by Statistics Korea, the unemployment rate among youths aged 15-29 shed 0.6 percentage points from a year earlier to 7.4 percent in October, marking the lowest since May 2013. The number of youths employed reached 3,951,000 in October, up 101,000 from the...

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