S. Korea to spend 70 pct of budget for job creation in H1: finance minister SEOUL, March 8 (Yonhap) -- South Korea plans to speed up spending the employment-related budget in the first half of 2023 amid signs of a slowdown in the job market, the finance minister said Wednesday. The remark came after Asia's No. 4 economy reported the largest number of job additions in more than 20 years in 2022 at around 820,000, while the figure is expected to rise at a narrower margin of just 100,000 on-year in 2023 amid economic uncertainties and the country's falling population.

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