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 [...]
SEOUL, Nov. 23 (Korea Bizwire) — Large South Korean companies have cut their combined workforce by more than 1 percent over the past two years amid the coronavirus pandemic, a corporate tracker said Tuesday. The number of workers hired by 313 out of the country’s top 500 firms by sales came to 1.24 million as [...]
SEOUL, Feb. 25 (Korea Bizwire) – The number of jobs for wage workers in South Korea increased on-year in the June-August period of last year, but those in their 20s and 30s suffered extended employment slumps amid the pandemic, data showed Thursday. The number of paid employee jobs reached 19.1 million in the cited period, [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korea’s hospitality industry has cut nearly 370,000 jobs over the past year in the wake of the coronavirus pandemic, data showed Tuesday. Local accommodations and restaurants had a combined workforce of 1.965 million as of January, down 367,000 from a year earlier, according to the data from Statistics [...]