[Breaking News] July Unemployment Benefits Payment Hits 1.2 Trillion Won... Another 'Record High'

[Asia Economy Reporter Heo Midam] On the 10th, the Ministry of Employment and Labor announced, "The amount paid for job-seeking benefits last month was 1.1885 trillion won, an increase of 429.6 billion won (56.6%) compared to the same month last year."

This is due to the increase in unemployed people caused by the COVID-19 pandemic, breaking the record set in June, the highest ever, in just one month.

The amount paid for unemployment benefits has set a record high for six consecutive months since February this year, when the spread of COVID-19 began in earnest.

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