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 [...]
SEOUL, Dec. 22 (Korea Bizwire) – The Seoul High Court has determined that drivers associated with the ride-hailing service TADA are to be considered employees under the Labor Standards Act. Consequently, terminating their contracts without just cause is deemed unfair dismissal, as per the ruling on December 21. In a lawsuit against the National Labor Relations [...]
SEOUL, Dec. 4 (Korea Bizwire) – In a recent survey conducted by the Korean Employment Information Service (KEIS), it has been revealed that over 50 percent of individuals aged 65 to 79, who have surpassed the legal retirement age of 60, express a strong desire to continue working. Surprisingly, approximately 1 in 5 of these individuals [...]
SEOUL, Nov. 21 (Korea Bizwire) — One out of every 6 South Korean married women suffered a career break during the first half of the year due mainly to pregnancy and child-rearing, data showed Tuesday. The number of married women aged 15-54 who stopped working during the January-June period came to 1.34 million, according to [...]
SEOUL, Nov. 15 (Korea Bizwire) — The government will earmark 1 trillion won (US$766.52 million) to implement extensive tailored programs to encourage more young people to join and stay in the labor market, the finance ministry said Wednesday. South Korea has seen growth in the number of young people neither in employment nor in education [...]
SEOUL, Oct. 19 (Korea Bizwire) – Kia’s labor and management recently reached a preliminary agreement on wages, and it includes an unusually large compensation package. What happened is that the labor union successfully used the “employment inheritance” issue as leverage. In simpler terms, they got significant compensation in exchange for removing a clause that should have been [...]
SEOUL, Sept. 19 (Korea Bizwire) — The share of female executives at South Korea’s major firms has more than doubled over the past five years on positive factors, including last year’s implementation of a related law, a corporate tracker said Tuesday. A total of 265 firms belonging to the country’s top 30 business groups had [...]