SEJONG, Sept. 13 (Korea Bizwire) – South Korea’s jobless rate increased slightly in August from a year earlier, with the unemployment rate for young adults still remaining high amid a prolonged economic slump, a government report showed Tuesday. The unemployment rate in Asia’s fourth-largest economy stood at 3.6 percent last month, compared with 3.5 percent [...]
SEOUL, Aug. 2 (Korea Bizwire) – South Korea’s job market recovery stalled in the first quarter of this year amid weak economic growth despite improvements in other members of the Organization for Economic Cooperation and Development (OECD), data showed Tuesday. South Korea’s employment rate for people aged 15-65 stood at 65.9 percent for the January-March [...]
SEOUL, July 26 (Korea Bizwire) – A recent study conducted by The Seoul Institute revealed that young employees (between 21 and 37 years old) in Seoul usually acquire job information from friends and close acquaintances, while job seekers in the same age group tend to focus on employment websites to obtain the same information. According [...]
SEOUL, July 6 (Korea Bizwire) – Some even say a new era for start-ups began a couple of years ago, as they are gaining popularity, but that doesn’t seem to be the case yet for jobseekers in Korea. While current employees of start-up companies report higher workplace satisfaction than those who are employed at large firms [...]
SEOUL, July 1 (Korea Bizwire) – Youth employment may have improved numerically last year but job stability has not as most of the obtained jobs were either short-term or menial, a study indicated Friday. An analysis by Park Jin-hee at the Korean Employment Information Service said 68,000 more people in their 20s were employed last [...]
SEOUL, June 27 (Korea Bizwire) – With flextime working arrangements becoming increasingly popular in Korea, Yuhan-Kimberly is an example of a company that has successfully implemented flexible work hours. A year after its adoption, the company’s revenue has increased by more than 10 percent, and college students now rank it as one of the most [...]
SEOUL, June 27 (Korea Bizwire) – The average age of civil servants at the local government level rose, and the number of female employees nearly doubled, data showed Sunday. According to data released by the Ministry of the Interior on the general statistics of civil servants in the country’s provincial governments, their average age in [...]
SEOUL, June 21 (Korea Bizwire) – For young Koreans, finding a job is becoming harder than ever. Paradoxically, however, some Korean companies are finding it hard to recruit new employees. Saramin, one of Korea’s major recruiting platforms, conducted a survey of 779 small and medium-sized companies. Of the 664 companies that had planned to hire [...]
SEOUL, June 17 (Korea Bizwire) – The employment rate for women in their late 30s has reached its highest level in seven years, thanks to the widespread implementation of flextime scheduling. Flextime offers employees the freedom to choose their own workdays, and start and finish times. According to Statistics Korea Thursday, last month’s employment rate [...]
SEOUL, June 13 (Korea Bizwire) – The number of self-employed South Koreans in their 30s has been on a steady rise since late last year as a prolonged economic slump forces more young people to set up one-man operations instead of finding jobs, a report showed Monday. According to the report by the Korea Labor [...]