SEOUL, May 23, 2025 (Korea Bizwire) – For the first time, the number of construction engineers aged 60 and older in South Korea has surpassed those in their 40s, signaling an accelerating demographic shift in the country’s construction sector. According to a report released Thursday by the Korea Construction Policy Institute, as of February 2025, 277,432 [...]
SEOUL, May 21 (Korea Bizwire) — Roughly 230,000 foreign nationals worked in South Korea’s construction industry in 2024, accounting for 14.7% of the sector’s total workforce, according to a new report released Tuesday by the Construction Workers Mutual Aid Association. Of these, over 83% were ethnic Korean Chinese, or Joseonjok, highlighting their dominant role in [...]
SEOUL, July 24 (Korea Bizwire) — Around half of occupational heat-related illness cases in South Korea have occurred in the construction industry, with outdoor workplaces contributing significantly to these instances, data showed Sunday. A total of 117 cases were approved as occupational heat-related illnesses from January 2018 to June of this year, and among them, [...]
SEOUL, June 7 (Korea Bizwire) — With the labor shortage on construction sites becoming more severe, South Korea’s construction sector is calling on the government to lift restrictions on the hiring of foreign workers as well as to issue pardons to the companies that were imposed restrictions on hiring. During the period from late last [...]
SEOUL, Dec. 16 (Korea Bizwire) — South Korean construction companies’ sales dropped on-year in 2020 for the first time in 21 years due to the coronavirus pandemic, government data showed Thursday. The combined top line of local builders reached 396.9 trillion won (US$336 billion) last year, down 1.1 percent from the previous year, according to [...]