Employment for late 20s in S. Korea sees biggest drop in 12 years

The number of employed Koreans in their late 20s has retreated to its lowest level in 12 years.

Data shared by Statistics Korea on this Monday show some 2-point-4 million Koreans between the ages of 25 and 29 were employed in the first quarter of this year DOWN 98-thousand on year.

The agency is linking the drop to declines in manufacturing and construction jobs.

Moreover this latest drop is not only the deepest since 2013 but also continues a nine-quarter run of on-year employment slumps for people.. in this age group.