South Korea’s Jobless Rate Declines to a 3-Month Low As Economy Recovers

http://www.bloomberg.com/news/2011-05-10/south-korea-s-jobless-rate-declines-to-a-3-month-low-as-economy-recovers.html

    This article is about the unemployment rate in South Korea fell to a three month low. The jobless rate fell to 3.6 percent in April from 4 percent in March and the median estimate in a Bloomberg News survey of 12 economists was for a rate of 3.8 percent. An improving job market, combined with higher energy and food costs that are fueling inflation at home, may compel the Bank of Korea to raise its benchmark interest rate to 3.25 percent when it meets on May 13 .

   I think its bad that people loosing jobs because thats gone cause more poor people. But I think as the econonmy improves job rate will rise back how it supposed to be. It will lower the rate of proverty .