South Korea's jobless rate drops to 3.6% in June

South Korea's jobless rate dropped slightly in June from a year earlier, but the unemployment rate for young adults remained high amid a protracted economic slowdown, a government report showed Wednesday. 
The unemployment rate in Asia's fourth-largest economy stood at 3.6% last month, compared with 3.7% tallied in May, according to the report compiled by Statistics Korea. 
Job creation edged up from the previous month. The number of employed people stood at 26.55 million in June, up 354,000 from a year earlier. It is much higher than the previous month's 261,000 gain, according to South Korea's (Yonhap) News Agency. 
The unemployment rate for young people, aged between 15 and 29, reached 10.3% last month, up from May's 9.7%. 
The latest figure marked the highest-ever number for the month of June. 
South Korea announced a set of stimulus programs for the latter half of the year, including a 10 trillion won extra budget to attain a newly revised 2.8% growth target for 2016.