SEOUL, Jan. 6 (Korea Bizwire) – South Korea’s employment and labor indicators for women have remained low among members of the Organization for Economic Cooperation and Development (OECD) over the past two decades due partly to the lack of adequate government support and sufficient jobs, a report showed Monday. According to the analysis report by the [...]
SEOUL, Jan. 6 (Korea Bizwire) — Nearly half of South Korean workers are unable to freely use their paid annual leave, according to a survey released on January 5th by Workplace Gapjil 119, a civic group advocating for employee rights. The survey, conducted in September 2024 by Global Research, polled 1,000 workers nationwide. Only 50.1% [...]
SEOUL, Dec. 31 (Korea Bizwire) — A South Korean court has ruled that informal discussions about start dates and verbal indications of potential job acceptance following an interview do not constitute a binding employment contract. The decision also clarified that rescinding such offers does not qualify as unfair dismissal. On Monday, 2024, the Seoul Administrative [...]
SEOUL, Dec. 24 (Korea Bizwire) — According to life-cycle statistics for 2023 released by Statistics Korea on December 23, one in three South Koreans aged 65 and above are now employed, while about 80% of both young (15-39) and elderly households consist of one or two people. The administrative data, compiled from various government departments and [...]
SEOUL, Dec. 10 (Korea Bizwire) – The growth in South Korea’s employment insurance registrations reached its lowest point in nearly four years, highlighting a slowdown in the labor market as the country faces a range of economic headwinds. According to the Ministry of Employment and Labor, the number of regular employment insurance subscribers increased by [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea is witnessing a sharp rise in young people opting out of work or job-seeking, raising fears of a growing NEET (Not in Education, Employment, or Training) population, according to a recent report by the Bank of Korea. The study, released on Monday, reveals that the number of [...]
SEOUL, Nov. 27 (Korea Bizwire) — A post shared by a small business owner (referred to as A) on an online forum has sparked a wave of support from others in the same sector, many expressing frustration with the behavior and work ethic of the millennial generation, particularly those in their 20s. A voiced disappointment [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea added less than 100,000 jobs in October for the first time in four months primarily due to a slowdown in the wholesale, retail and construction sectors, data showed Wednesday. The number of employed people aged 15 years and older came to 28.85 million as of end-October, up [...]
SEOUL, Oct. 1 (Korea Bizwire) – A recent study by the Bank of Korea suggests that an influx of foreign workers leads to increased employment opportunities for South Korean nationals in the long run, challenging some common perceptions about immigrant labor. The report, titled “The Impact of Foreign Worker Inflow on Regional Labor Markets,” was presented [...]
SEOUL, Sept. 27 (Korea Bizwire) – The rise of e-commerce in South Korea has led to a steady decline in retail employment, with the number of sales workers decreasing for 60 consecutive months, according to recent government data. Statistics Korea reported on September 26 that the number of sales workers last month stood at 2.55 million, [...]