job growth Archives | Be Korea-savvy
On-year Job Growth Picks Up in Sept., Manufacturing Jobs Fall by Most in 5 months

On-year Job Growth Picks Up in Sept., Manufacturing Jobs Fall by Most in 5 months

SEOUL, Oct. 13 (Korea Bizwire) — South Korea’s on-year employment growth accelerated for the second consecutive month in September, but jobs in the manufacturing sector fell by the most in five months amid an economic slowdown, data showed Friday. The number of employed people came to 28.69 million last month, up around 309,000 from a [...]

S. Korea’s Job Growth Continues but Slows in July amid Economic Uncertainty

S. Korea’s Job Growth Continues but Slows in July amid Economic Uncertainty

SEOUL, Aug. 10 (Korea Bizwire) — South Korea reported job additions for the 17th straight month in July, but the pace of job growth slowed from the previous month amid heightened economic uncertainty, data showed Wednesday. The number of employed people came to 28.48 million last month, up 826,000 from a year earlier, according to [...]

Recent Job Growth Mostly Led by Young, Senior People: BOK Report

Recent Job Growth Mostly Led by Young, Senior People: BOK Report

SEOUL, Aug. 4 (Korea Bizwire) — The recent sharp job growth in South Korea was mostly driven by increased employment among youngsters and senior citizens, a central bank report said Thursday. “The economically-active population has exceeded pre-pandemic levels,” the Bank of Korea (BOK) said in the report. “In particular, increased labor supplies by youths and [...]

S. Korea’s Job Growth Extended for 15th Month in May

S. Korea’s Job Growth Extended for 15th Month in May

SEOUL, June 15 (Korea Bizwire) — South Korea reported job additions for the 15th consecutive month in May as economic recovery momentum has been extended despite heightened global uncertainty, data showed Wednesday. The number of employed people came to 28.49 million last month, up 935,000 from a year earlier, according to the data compiled by [...]

Job Growth Extended to 8th Month in Oct. amid Economic Recovery

Job Growth Extended to 8th Month in Oct. amid Economic Recovery

SEOUL, Nov. 10 (Korea Bizwire) — South Korea reported job additions for the eighth straight month in October in the latest sign the country’s economic recovery has continued despite the fourth wave of the pandemic, data showed Wednesday. The number of employed people reached 27.74 million last month, 652,000 more than a year earlier, according [...]