Job seekers check job postings at a job fair in Seoul on May 31, 2024. (Image courtesy of Yonhap)
SEOUL, Jun. 5 (Korea Bizwire) — Around 1 out of every 10 South Korean workers at small and mid-size companies who changed their jobs in 2022 landed new jobs at large conglomerates, data showed Wednesday.
The number of registered employees who were eligible for state insurance programs came to 26.06 million in 2022, up 2.2 percent from the previous year, according to the data from Statistics Korea.
Of them, 16 percent, or 4.16 million people, changed jobs in 2022, up 5 percent from a year earlier, while 69 percent, or 17.99 million people, maintained their jobs.
The number of people who newly became registered workers in 2022 fell 2.9 percent on-year to 3.91 million, the data showed.
Of those who changed their jobs, 71.3 percent had worked for SMEs, followed by 14.9 percent for large conglomerates and 13.9 percent for nonprofit organizations.
Around 81.9 percent of job-changing SME workers found new positions at other smaller-sized firms, while 12 percent moved to large conglomerates.
As of 2022, South Korea had 23.38 million wage workers, and 34 percent of them moved to lower-paying jobs that year, the data showed.
(Yonhap)
