SEOUL, March 16 (Korea Bizwire) — The number of young South Koreans who were jobless or opted to remain economically inactive surpassed 1.2 million last month amid tough job market conditions, data showed Sunday. A total of 1.21 million individuals aged 15 to 29 either remained unemployed or economically inactive to prepare for a job [...]
ULSAN, South Korea, March 16 (Korea Bizwire) – HD Hyundai Heavy Industries has launched the shipbuilding industry’s first proprietary Korean language proficiency test for foreign workers, aiming to improve workplace communication and safety. On Sunday, the company administered the HD TOPIC (Test of Korean for Practical Industrial Communication) at its Ulsan headquarters, evaluating approximately 500 [...]
SEOUL, March 14 (Korea Bizwire) — In a bid to address the growing demand for skilled foreign labor, the South Korean government, in collaboration with local municipalities, is launching a pilot program to train foreign workers in their home countries before their employment in South Korea. The Ministry of Employment and Labor announced on Thursday that [...]
SEOUL, March 12 (Korea Bizwire) — South Korea added more than 130,000 jobs for the second consecutive month in February, but the construction and manufacturing sectors continued to see sharp declines, data showed Wednesday. The number of employed people came to 28.18 million as of the end of last month, up 136,000 from a year [...]
SEOUL, March 12 (Korea Bizwire) — Acting President Choi Sang-mok said Wednesday the government will work to allow semiconductor workers to put in extra hours when needed and adopt measures to foster the development of new technologies and industries to ensure the country’s sustainable growth amid intensifying global competition. Choi made the remarks at a [...]
SEOUL, March 10 (Korea Bizwire) — A recent survey has revealed that nearly one in three South Korean workers has either experienced or witnessed situations where employers pressure employees to resign voluntarily rather than formally terminate their employment. According to a survey conducted by Global Research on behalf of the workplace advocacy group Gabjil 119, 27% [...]
SEOUL, March 9 (Korea Bizwire) — People in their 60s or older looking for jobs increased last year despite a decline in all other age groups, data showed Sunday. A total of 4,525,456 new job applications were posted on government-run employment website Worknet in 2024, marking a 5.3 percent decline from a year earlier, according [...]
SEOUL, March 8 (Korea Bizwire) — As concerns grow over potential U.S. auto tariffs under Donald Trump’s administration, executives and union leaders from GM Korea are set to visit General Motors’ headquarters in the United States to discuss the company’s future operations. According to the GM Korea chapter of the Korean Metal Workers’ Union (KMWU), representatives from both [...]
SEOUL, March 7 (Korea Bizwire) — A new government survey has revealed the stark economic reality faced by artists in South Korea, with average annual earnings from artistic activities amounting to just 10.55 million won, highlighting the urgent need for more stable income structures in the arts sector. According to the “2024 Survey on Artists’ Status” [...]
SEOUL, March 7 (Korea Bizwire) — Female workers in South Korea have identified the gender wage gap as the most significant form of workplace discrimination, according to a new survey released March 6. The survey, conducted by the Gender Discrimination Special Committee of the Gabjil 119 civic organization and the Women’s Labor Rights Division of the [...]