SEOUL, Dec.22 (Korea Bizwire) – A new generation called the ‘NG’ generation in growing in prominence. ‘NG’ is short for ‘No Graduation’, and refers to college students who postpone their graduation to prepare for employment. Last year the number of students who postponed their graduation exceeded 20,000. Since it is difficult to get a job [...]
SEOUL, Nov.18 (Korea Bizwire) – Research suggests that a decrease in working hours for Koreans, who currently work longer hours than almost anybody in the developed world, would lead to a drastic increase in the number of jobs created. At the Employment Impact Assessment Debate hosted by the Ministry of Employment and Labor and the [...]
SEOUL, Mar. 16 (Korea Bizwire) — South Korea’s 30 leading business groups will expand investment, but decrease new employment this year compared to last year, amid worries of increasing labor costs, a survey showed Monday. According to the survey by the Federation of Korean Industries (FKI) of the top 30 conglomerates in terms of assets [...]
SEOUL, Korea, April 12 (Korea Bizwire) – A recent study showed that college graduates or college-enrolled job seekers suffer most from “hypersensitivity” among many symptoms of stress. Hypersensitivity is a symptom of stress which makes the sufferer to overreact to even tenuous stimulation due to destabilization of the nerve system. Korea’s online job search portal “Job Korea” [...]
SEOUL, Korea, August 06 (Korea Bizwire) – Export-Import Bank of Korea (Korea EximBank) announced on August 5 that it will be donating 20 million won to college students that have defected from North Korea. Kim Yong-hwan, president of Korea EximBank presented the donation to Jang Hyong-ok, chairman of the Together Foundation, with four North Korean defector college [...]