Visitors look around a job fair held in Seoul, July 10. Yonhap
The labor force participation rate among Koreans aged 15 to 29 fell in May from a year earlier, data showed Thursday, reflecting growing difficulties in finding jobs amid economic uncertainties.
The rate of economically active people in the age group stood at 47.2 percent in May, down 2.3 percentage points from a year earlier, according to the Ministry of Data and Statistics.
The figure includes those who are employed as well as those actively seeking work.
The unemployment rate for the age group came to 7.2 percent, up 0.6 percentage point from a year earlier, with the number of unemployed youths reaching 266,000, the data showed.
