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 [...]
SEOUL, Aug. 3 (Korea Bizwire) — The combined workforce of large South Korean companies expanded 1.5 percent in the first half of the year from a year earlier amid eased COVID-19 restrictions, a corporate tracker said Wednesday. The number of workers hired by 459 out of the country’s top 500 firms by sales totaled 1.55 [...]
SEOUL, July 19 (Korea Bizwire) — South Korea’s youth employment rose sharply in May from a year earlier despite the coronavirus pandemic, government data showed Tuesday. The number of employed young people aged 15-29 reached 4.1 million in May, up 196,000 from a year earlier, according to the data released by Statistics Korea. Their employment [...]
SEOUL, June 21 (Korea Bizwire) — The quality of employment among women and seniors has deteriorated during the pandemic era, South Korea’s central bank said Monday. The Bank of Korea (BOK) reported Monday that 41.6 percent of female senior workers over 60 years were categorized as ‘more-or-less vulnerable’ as of April this year, while 3.4 [...]
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 [...]
SEOUL, Jan. 3 (Korea Bizwire) — Six Afghan evacuees airlifted to South Korea from Afghanistan taken over by the Taliban last year have found jobs, the justice ministry said Monday. The six recently got employed at a manufacturer in Incheon, 40 kilometers west of Seoul, and other companies, while another person was admitted to a [...]
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 [...]
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 [...]
SEOUL, Dec. 10 (Korea Bizwire) — Young South Koreans suffered more severe employment shock than older people during the pandemic and fresh college and high school graduates faced greater difficulty in finding jobs, a report showed Friday. The employment rate for Koreans aged 15-34 reached 50.5 percent in January, down from 52.8 percent a year [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea added the largest number of job positions in four years last year due to an increase in employment in the health, social welfare service and public administration sectors amid rapid aging, data showed Tuesday. The country’s total jobs reached 24.72 million last year, up 710,000, or 2.9 [...]