South Korea will release seasonally adjusted (SA) unemployment data for February on 11 March and in the opinion of economists at Standard Chartered Bank the unemployment rate is expected to rise due to coronavirus outbreak. USD/KRW trades at 1187.37. Key quotes “The unemployment rate likely rose to 4.3% due to the coronavirus outbreak. “We think jobs funded by the government will continue to increase, but the number of employed will decrease as the coronavirus outbreak disrupts tourism, the traditional retail business and trade.” “Korea’s slowing population growth will reduce the number of employed for 2020. The number of unemployed also likely rose in February due to delayed hiring as college graduates become economically active and search for jobs.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF slips below 0.9400 mark for the first time since March 2018 FX Street 3 years South Korea will release seasonally adjusted (SA) unemployment data for February on 11 March and in the opinion of economists at Standard Chartered Bank the unemployment rate is expected to rise due to coronavirus outbreak. USD/KRW trades at 1187.37. Key quotes “The unemployment rate likely rose to 4.3% due to the coronavirus outbreak. “We think jobs funded by the government will continue to increase, but the number of employed will decrease as the coronavirus outbreak disrupts tourism, the traditional retail business and trade.” “Korea’s slowing population growth will reduce the number of employed for 2020. The number of unemployed also… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
