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Unemployment Asia

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BUSINESS
June 24, 1998 | From Reuters
South Korea on Tuesday said its unemployment rate almost tripled in a year, the latest stunning statistic from Asia, where financial crisis has thrown millions of people out of work. Seasonally adjusted unemployment in South Korea leaped to 1.49 million in May from 550,000 a year earlier. Joblessness is soaring across Asia. Indonesia alone is expected to have 20 million unemployed by the end of the year, the World Bank said.
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BUSINESS
June 24, 1998 | From Reuters
South Korea on Tuesday said its unemployment rate almost tripled in a year, the latest stunning statistic from Asia, where financial crisis has thrown millions of people out of work. Seasonally adjusted unemployment in South Korea leaped to 1.49 million in May from 550,000 a year earlier. Joblessness is soaring across Asia. Indonesia alone is expected to have 20 million unemployed by the end of the year, the World Bank said.
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CALIFORNIA | LOCAL
December 6, 1998 | MICHAEL WHITE, ASSOCIATED PRESS
Sprawled across a hillside on Tijuana's outskirts, Samsung's state-of-the-art manufacturing complex is a hive of activity--except for the cavernous blue-and-beige building on the eastern edge of the campus. Built as part of a planned $400-million expansion into microwave-oven manufacturing, the empty building serves mostly as a reminder of the long reach of the Asian financial crisis.
NEWS
November 25, 1998 | SEBASTIAN ROTELLA, TIMES STAFF WRITER
The Guanaco is the nemesis of angry Chilean youth. An ominous-looking armored vehicle used by riot police, the Guanaco gets its nickname from a llama-like animal that spits when threatened. The vehicle's water cannon sprays a powerful torrent laced with tear gas that mows down crowds, burns the eyes and eats through clothes. These days, the Guanaco is working overtime.
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