South Korean Jobless Rate Rises to Four-Month High of 3.2%

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South Korea’s unemployment rose to a four-month high last month as weakness in the global economy pared export demand.

The jobless rate was 3.2 percent, Statistics Korea said today in Gwacheon, south of Seoul. That matched the median estimate in a Bloomberg News survey of 11 economists and compared with 3.1 percent in December,