South Korea jobless rate falls in August to record low

SEOUL (Reuters) – South Korea’s unemployment rate fell in August to a record low of 2.4% on a seasonally adjusted basis, from 2.5% in July, official data showed on Wednesday.

It was the lowest since the data series began in June 1999, according to Statistics Korea.

(Reporting by Jihoon Lee; Editing by Himani Sarkar)