SEOUL, Oct. 24 (Korea Bizwire) – One out of every two college students believe job market conditions have worsened this year, while more than half of would-be jobseekers said they wanted to work for a large firm or a public enterprise, a survey showed Monday. In the survey conducted by the Federation of Korean Industries [...]
SEOUL, Oct. 24 (Korea Bizwire) – South Korea’s 10 biggest companies have contributed less to the nation’s employment sector, although their assets have grown, data showed Sunday. According to the data compiled by market researcher Chaebol.com, their assets totaled 1,144.4 trillion won (US$1,000 billion) last year. This accounts for 27.22 percent of all assets for [...]
SEOUL, Oct. 18 (Korea Bizwire) – Marketing firm Innocean Worldwide’s latest big data analysis categorized the lifestyle of jobseekers into three keywords: relationship, relief, and location. The study was based on an analysis of some 600,000 social data records related to youth employment on online communities. According to Innocean, words related to study groups (for [...]
SEOUL, Oct. 17 (Korea Bizwire) – The number of South Korea’s casual employees with no guaranteed hours of work reached a five-year high in the third quarter of this year, government data showed Monday, due to a rise in time-selective jobs amid a prolonged economic slump. The number of employees who work for one hour [...]
SEJONG, Oct. 4 (Korea Bizwire) – The Q2 economic activity rate (EAR) for Koreans in their twenties reached its highest level in a decade at 65.7 percent after peaking in Q4 2005 at 65.8 percent. The EAR represents the percentage of the population that constitutes the manpower supply of the labor market, both employed and [...]
SEOUL, Sept. 30 (Korea Bizwire) – A recent study by KRIVET (the Korea Research Institute for Vocational Education & Training) revealed that changing one’s first job as a college graduate may guarantee a more stable career with higher pay. According to KRIVET’s study, instability and low pay were the two major factors pushing employees to [...]
SEJONG, Sept. 21 (Korea Bizwire) – The number of people who have been unemployed for more than six months in South Korea rose to a record high in August amid a persistent economic slump, data showed Wednesday. A total of 182,000 South Koreans were jobless for six months or more as of August, up 62,000 [...]
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 [...]