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Majority of New Recruits in Manufacturing Sector are Over 60s: Data

Majority of New Recruits in Manufacturing Sector are Over 60s: Data

SEOUL, Oct. 18 (Korea Bizwire) — While employment in the manufacturing industry is recovering, there were more recruits from the older generation than the younger generation, data showed Monday. There were 4.53 million people employed in the manufacturing sector in August, up 240,000 from last year, according to Statistics Korea. Sorted by age, the number [...]

29 Afghan Evacuees Find Jobs at Hyundai Heavy

29 Afghan Evacuees Find Jobs at Hyundai Heavy

SEOUL, Feb. 7 (Korea Bizwire) — Twenty-nine Afghan evacuees airlifted to South Korea last year have been hired by a subcontractor of the shipbuilder Hyundai Heavy Industries Co., leading to their departure Monday from the government-provided temporary residence, officials said. The newly hired and their family members, totaling 157 people from 29 households, will move [...]

Employment in Agriculture, Fishery Sectors Up Due to Economic Slump from Pandemic

Employment in Agriculture, Fishery Sectors Up Due to Economic Slump from Pandemic

SEOUL, Dec. 20 (Korea Bizwire) — The number of persons employed in the agriculture, forestry and fishery sectors has increased due to the economic hardships caused by the COVID-19 pandemic, a report showed Sunday. The monthly average number of people employed in the agriculture, forestry and fishery sectors totaled 1.45 million last year, up 50,000 [...]

Use of Robots Results in ‘Meaningful’ Decline in Human Labor Demand in Manufacturing: BOK Report

Use of Robots Results in ‘Meaningful’ Decline in Human Labor Demand in Manufacturing: BOK Report

SEOUL, Dec. 15 (Korea Bizwire) — Expanded use of robots has resulted in a “meaningful” decline in demand for human labor in the manufacturing industry while replacing mostly “routine” and “repetitive” jobs, a central bank report said Wednesday. The Bank of Korea’s report was based on data related to introduction of robots in industries and [...]