SEOUL, Nov. 27 (Korea Bizwire) — What once felt like the plot of a workplace drama is increasingly echoing real life for many middle-aged South Koreans. In the popular series The Dream Life of Mr.Kim (the story of manager Kim working at a large company in Seoul), a seemingly secure executive finds himself abruptly sidelined and [...]
SEJONG, Jul. 16 (Korea Bizwire) — A growing number of young South Koreans are preparing for state exams for public jobs and professional licenses, data showed Tuesday. The data released by Statistics Korea showed that 714,000, or 15.3 percent, of 4.68 million economically inactive youths aged 15-29 prepared for state exams in May, up 2.2 [...]
SEOUL, Nov. 30 (Korea Bizwire) — Civil servant is the most sought-after job among South Korean adults, though most of them aim to take jobs as office workers for practical reasons, a poll showed Friday. Of the 1,143 job seekers and salaried people questioned, the largest portion — 26.7 percent — said they want to [...]
SEOUL, Nov. 5 (Korea Bizwire) — Only 1 out of 10 workers in Korea were found to be fortunate enough to be hired in secure job positions that came with high pay, which was one of the lowest levels among OECD-member states. This has prompted critics to point to the dual structure of the labor [...]
SEOUL, Dec. 18 (Korea Bizwire) — South Koreans plan to spend less on year-end and new year holiday gifts in the coming few weeks compared to the year before amid rising unemployment and unstable job security, a poll showed Monday. The average South Korean plans to spend about 203,000 won (US$183) buying gifts toward the [...]
SEOUL, Jun. 29 (Korea Bizwire) — Over seven in 10 South Korean female job seekers in their 20s say they are okay with low wages as long as job security is provided, a recent report has found. In the collective survey conducted with the participation of 1,317 women out of employment by the Korean Women’s Development [...]
SEOUL, Jun. 27 (Korea Bizwire) — South Korea’s pharmaceutical industry has posted more than double the annual growth rate in terms of employment compared to the manufacturing sector as a whole, industry data showed Tuesday. The pharmaceutical industry has recorded 3.9 percent in annual employment growth rate between 2005 and 2015, while the comparable figure [...]
SEOUL, Aug. 17 (Korea Bizwire) — South Korea’s No. 3 conglomerate SK Group said Monday it plans to have all its affiliates adopt a new wage system by next year, in line with the government’s effort to boost the labor market. Under the wage peak system, employees accept a reduced salary in exchange for working for [...]