SEOUL, Sept. 6 (Korea Bizwire) — The employment rate for women exceeded the 60 percent mark for the first time last year, but the wage gap between genders still remains high, a government report showed Wednesday. The employment index for women aged 15 to 64 reached 60 percent in 2022, up 7.3 percentage points from [...]
SEOUL, June 15 (Korea Bizwire) — The employment rate of university graduates in 2020, the first year of the COVID-19 pandemic, slipped to the lowest level in 10 years, a South Korean business lobby said Tuesday. According to a report published by the Korea Enterprises Federation (KEF) based on the Statistics Korea’s economic activity population [...]
SEOUL, Dec. 27 (Korea Bizwire) — The employment rate of students with bachelor’s, master’s or doctorate degrees fell to a record low last year as the COVID-19 pandemic dealt a severe blow to job markets, government statistics showed Monday. Their employment rate stood at 65.1 percent last year, the lowest since the education ministry started [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea ranks low among members of the Organization for Economic Cooperation and Development (OECD) in terms of the employment rate for university graduates due mainly to a severe mismatch between their majors and job openings, a report showed Thursday. The employment rate for South Koreans aged 25-34 with [...]
SEOUL, April 13 (Korea Bizwire) — Last year, the employment rate among young South Koreans dropped while the number of startups increased. The Ministry of SMEs and Startups and Statistics Korea reported that the number of startups with founders under the age of 30 reached 152,000 last year, rising by 18.7 percent from the previous [...]
SEOUL, Dec. 4 (Korea Bizwire) — The number of working mothers with underage children fell by the most during the six-month period ending in April as the job market remained sluggish amid the new coronavirus outbreak, data showed Friday. The number of working mothers with children aged under 18 reached 2.67 million as of end-April, [...]
SEJONG, Aug. 25 (Korea Bizwire) — The employment rate for nine minor cities in South Korea fell in the first half of this year, as the coronavirus pandemic hit job markets, data showed Tuesday. The employment rate for the nine cities, including Jeonju, Osan, Yangsan and Chuncheon, stood at 58.3 percent in the first half, [...]
SEJONG, July 20 (Korea Bizwire) — The employment rate for people in their 40s in South Korea hit a 21-year low in June as the coronavirus pandemic hammered job markets, data showed Monday. According to the data from the nation’s statistics agency, the employment rate for 40-somethings stood at 76.9 percent last month, marking the [...]
SEOUL, Oct. 18 (Korea Bizwire) — Countries are expanding social childcare and education systems in attempt to eliminate career breaks for women caused by childbirth and childcare. Unlike in major developed countries, however, the employment rate of women and kindergarten enrollment of children in South Korea is not directly proportional. According to an analysis released [...]
SEOUL, Dec. 27 (Korea Bizwire) — The employment rate of graduates of domestic colleges and graduate schools fell to 66.2 percent in 2017, a report by the Ministry of Education and the Korean Educational Development Institute said Thursday. Last year’s employment rate of the highly educated graduates was the lowest since the ministry and the [...]