Overview
- The number reporting they were “resting” reached 2.64 million in August, up 73,000 year over year and the highest August reading on record.
- Among people aged 15 to 29, 34.1% cited inability to find the kind of job they want, and 9.9% said no jobs were available.
- Non-salary workers fell by 103,000 to 6.554 million, the steepest decline since August 2020, reflecting fewer self-employed and unpaid family workers.
- About 3.30 million of the inactive population said they hoped to find work or start a business within a year, equal to 20.4%, down slightly from last year.
- The state-run KDI warned that rising numbers of young people stepping back from job searches help keep unemployment low and could erode social cohesion.