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Korea’s Youths Take on Temporary Jobs as Labor Market Dims

Korea’s Youths Take on Temporary Jobs as Labor Market Dims

SEOUL, Jan. 14 (Korea Bizwire) — One of five South Koreans start their career with temporary jobs with a contract period of less than a year, government data showed Wednesday, reflecting toughening job market conditions for fresh high school and college graduates. Some 761,000 workers between the ages of 15 and 29, or 19.5 percent [...]

Korea’s Job Market Turns Face away from Humanities Graduates

Korea’s Job Market Turns Face away from Humanities Graduates

SEOUL, Oct. 22 (Korea Bizwire) – It becomes common that humanities majors are neglected while STEM (science-technology-engineering-math) majors take center stage in job markets across the world. The Wall Street Journal reported on June 6, 2013, that the unemployment rate of graduates majoring in English among recent college graduates in the United Sates was 9.8 percent. [...]

Company’s Recruitment Process Is Not Trusted by Employees

Company’s Recruitment Process Is Not Trusted by Employees

SEOUL, May 9 (Korea Bizwire) – It turns out that a large number of corporate officials, who have participated as examining panels in recruiting process including document screenings and interviews, are not satisfied with their company’s hiring system. According to a survey of 235 business officials, who have taken part in the hiring process, conducted [...]

Korea’s Household Doesn’t Reap Benefits of Economic Growth

Korea’s Household Doesn’t Reap Benefits of Economic Growth

SEOUL, Korea, Sep 16 (Korea Bizwire) – We are seeing so many comments by the world’s famous economists and top market analysts that the Korean economy is doing so well. The Wall Street Journal said on August 28, “Korea is the winner amid the emerging market turmoil.” JPMorgan chief economist Michael Feroli also said on September [...]