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Better-than-expected Job Additions Continue in June on Strong Senior Workforce

Better-than-expected Job Additions Continue in June on Strong Senior Workforce

SEOUL, July 12 (Korea Bizwire) — South Korea’s job additions remained stronger than expected in June on the back of the senior workforce, data showed Wednesday, although the on-year growth slowed for the third consecutive month. The number of employed people came to 28.81 million in June, up around 333,000 from a year earlier, according [...]

Job Additions Slow for 2nd Month in May; Employment Rate Hits Record High

Job Additions Slow for 2nd Month in May; Employment Rate Hits Record High

SEOUL, June 14 (Korea Bizwire) — South Korea’s job additions slowed for the second consecutive month in May following a brief rebound in March amid lingering economic uncertainties, data showed Wednesday, although the employment rate nevertheless reached a fresh high. The number of employed people came to 28.83 million in May, up around 351,000 from [...]

Job Additions Smallest in 2 yrs in Feb. amid Economic Slowdown

Job Additions Smallest in 2 yrs in Feb. amid Economic Slowdown

SEOUL, March 15 (Korea Bizwire) — South Korea’s monthly job additions slowed for the ninth consecutive month in February, data showed Wednesday, amid forecasts the job recovery will lose steam this year amid the economic slowdown. The number of employed people came to 27.71 million in February, up around 312,000 from a year earlier, according [...]

S. Korea Adds 411,000 Jobs On-year in January, Lowest in Nearly 2 Years

S. Korea Adds 411,000 Jobs On-year in January, Lowest in Nearly 2 Years

SEOUL, Feb. 15 (Korea Bizwire) – South Korea added the lowest number of additional jobs in nearly two years in January, with the growth slowing for the eighth consecutive month amid economic uncertainties and higher borrowing costs, data showed Wednesday. The number of employed people stood at 27.36 million last month, up some 411,000 from [...]

S. Korea’s Job Additions Hit 22-year High in 2022 on Pandemic Recovery

S. Korea’s Job Additions Hit 22-year High in 2022 on Pandemic Recovery

SEOUL, Jan. 11 (Korea Bizwire) — South Korea reported the largest job additions in more than 20 years in 2022, data showed Wednesday, as the country gradually returned to pre-pandemic normalcy. The number of employed people came to 28.08 million in 2022, up 816,000 from a year earlier, according to the data compiled by Statistics [...]