SEOUL, Apr. 18 (Korea Bizwire) – An ironic factor contributing to around 40% of South Korea’s declining birthrate has been identified as younger women experiencing less employment discrimination than in the past, according to a new report. While gender-based disadvantages in hiring have decreased for young women, the probability of career interruption after childbirth has remained [...]
SEOUL, Apr. 12 (Korea Bizwire) — South Korea added the fewest number of jobs in three years in March due mainly to a high base effect and weak employment in the agricultural sector amid unfavorable weather conditions, the statistics agency said Friday. The youth employment rate fell for the first time in six months, though [...]
SEOUL, Mar. 27 (Korea Bizwire) – A recent survey has found that one out of every two office workers in South Korea can be characterized as “quiet quitters” – employees who have mentally checked out but remain on the payroll, doing only the bare minimum required. The survey of 1,097 office workers by HR tech company [...]
SEOUL, Mar. 20 (Korea Bizwire) – South Korea’s major commercial banks rewarded employees with significant pay raises last year, despite continuing a cost-cutting drive that saw further reductions in staffing levels and branch networks across the country, according to financial filings. An analysis by Yonhap News of the 2023 business reports disclosed by the nation’s four [...]
SEOUL, Mar. 13 (Korea Bizwire) — South Korea added more than 300,000 jobs for the second consecutive month in February led by solid job growth in the manufacturing sector amid rising exports, data showed Wednesday. The number of employed people came to 28.04 million last month, up 329,000 from a year earlier, according to the [...]
SEOUL, Mar. 13 (Korea Bizwire) – A groundbreaking study has found that workers transitioning from regular to irregular employment are twice as likely to contemplate suicide compared to their counterparts who remain in regular employment. This significant discovery was made possible through the use of machine learning technology, traditionally employed in the business sector for analyzing [...]
SEOUL, Feb. 19 (Korea Bizwire) – A recent revelation by the civic organization Gabjil 119 has shed light on the troubling practice of alleged “blacklists” created by companies, which reportedly hinder former employees’ efforts to secure new employment. One individual shared their ordeal of being threatened by their team leader with a ruined industry reputation after [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korea added more than 300,000 jobs for the first time in three months in January, as manufacturing hiring grew for the second month in a row, data showed Friday. The number of employed people came to 27.74 million last month, up 380,000 from a year earlier, according to [...]
SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s on-year employment grew at a slower pace in 2023 as the number of newly employed fell in the manufacturing sector and among young people, data showed Wednesday. The number of employed people rose 327,000 in 2023 from a year earlier, or 1.2 percent, to come to 28.41 [...]
SEOUL, Dec. 27 (Korea Bizwire) — The employment rate of North Korean defectors in South Korea reached a new high of 60.5 percent earlier this year, a report showed Wednesday, in a sign of improving living conditions for those who fled from the North. The April figure — which serves as annual statistics for North [...]