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South Korean Firms Adopt Car-sharing to Cut Costs

South Korean Firms Adopt Car-sharing to Cut Costs

SEOUL, July 17 (Korea Bizwire) — As the paradigm of car use shifts from ownership to service, an increasing number of South Korean firms are embracing car-sharing services to minimize costs. Car-sharing platform operator SOCAR Inc. has established some 4,800 SOCAR zones nationwide and deployed around 20,000 vehicles. This allows companies to utilize these vehicles [...]

Foreign Workers in S. Korean Construction Industry Account for 14.8 pct

Foreign Workers in S. Korean Construction Industry Account for 14.8 pct

SEOUL, July 16 (Korea Bizwire) — Nearly 15 percent of employees in the South Korean construction industry were foreigners in the first quarter of the year amid a shortage of local laborers at construction sites, a report showed Sunday. A total of 110,000 workers of foreign nationality were working at construction sites as of end-March, [...]

Labor Ministry Investigates Death of Supermarket Worker for Possible Violations

Labor Ministry Investigates Death of Supermarket Worker for Possible Violations

SEOUL, July 14 (Korea Bizwire) — The Ministry of Employment and Labor is investigating the recent death of a supermarket worker for possible legal violations. The ministry announced that it is currently investigating the death of a 29-year-old individual who worked at the South Korean unit of U.S. retail giant Costco Wholesale Corp.’s outlet in [...]

Medical Workers End 2-day General Strike amid Disrupted Hospital Operations

Medical Workers End 2-day General Strike amid Disrupted Hospital Operations

SEOUL, July 14 (Korea Bizwire) — Unionized medical workers demanding better working conditions and increased support for public medical institutions ended their two-day general strike Friday, after their walkout caused patient inconvenience and operational disruptions at hospitals across the country. About 45,000 nurses, caregivers and other members of the Korean Health and Medical Workers’ Union [...]

Over Half of S. Koreans Plan to Travel Despite Financial Constraints: Survey

Over Half of S. Koreans Plan to Travel Despite Financial Constraints: Survey

SEOUL, July 13 (Korea Bizwire) — More than half of South Koreans intend to travel despite financial limitations, a travel fare website said Wednesday. Skyscanner conducted a survey of 1,000 Koreans over the age of 18, 54 percent of whom expressed the intention to travel even with financial constraints. Among the respondents, 61 percent stated [...]

Better-than-expected Job Additions Continue in June on Strong Senior Workforce

Better-than-expected Job Additions Continue in June on Strong Senior Workforce

SEOUL, July 12 (Korea Bizwire) — South Korea’s job additions remained stronger than expected in June on the back of the senior workforce, data showed Wednesday, although the on-year growth slowed for the third consecutive month. The number of employed people came to 28.81 million in June, up around 333,000 from a year earlier, according [...]