South Korean unemployment rate 3.5% vs. 3.7% forecast

The unemployment rate in South Korea fell more-than-expected last month, official data showed on Tuesday.

In a report, Korea National Statistical Office said that South Korean Unemployment Rate fell to a seasonally adjusted annual rate of 3.5%, from 3.9% in the preceding month.

Analysts had expected South Korean Unemployment Rate to fall to 3.7% last month.