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Drop in Economic Activity Among S. Koreans Between the Ages of 30 and 54

Drop in Economic Activity Among S. Koreans Between the Ages of 30 and 54

SEOUL, Dec. 5 (Korea Bizwire) — Individuals between the ages of 30 and 54, typically known as the principal breadwinners in South Korean society, are participating less in economic activities. This trend raises concerns that this disruption to the labor market could develop into a serious social issue which may negatively impact South Korea’s overall [...]

5 out of 10 S. Korean Youth Believe Their Job Will Be Worse than Parents’

5 out of 10 S. Korean Youth Believe Their Job Will Be Worse than Parents’

SEOUL, Dec. 27 (Korea Bizwire) – Only 53.6 percent of 1,600 youth between the ages of 18 to 34 were in agreement with the statement “we can get better jobs than those of our parents’ generation” in a Ministry of Employment and Labor study on young peoples’ beliefs regarding employment policies. Anxiety over future job [...]

Moon’s New Take on Government Employment Leads to Growing Civil Service

Moon’s New Take on Government Employment Leads to Growing Civil Service

SEOUL, May 30 (Korea Bizwire) – The number of employees working for local governments has exceeded 300,000 for the first time, topping 303,401 as of end of last year, announced the Ministry of the Interior on Monday.  South Korea first adopted regional municipalities in 1995, when local governments hired 277,387 employees. The number of firefighters [...]

Report Shows Korean Doctors Will Benefit from Fourth Industrial Revolution

Report Shows Korean Doctors Will Benefit from Fourth Industrial Revolution

SEOUL, April 25 (Korea Bizwire) – It seems like doctors’ jobs are safe amidst the emergence of the fourth industrial revolution, the latest data from the Korea Employment Information Service indicates.  According to the KEIS 2017 Korea Occupational Outlook published on Monday, most medical practitioners will benefit from Korea’s aging society and further government support [...]

Soaring Number of Public Office Exam Takers Cost South Korea Billions

Soaring Number of Public Office Exam Takers Cost South Korea Billions

SEOUL, April 6 (Korea Bizwire) – Seeking stability amid stiff job competition and a prolonged economic downturn, the number of test takers for civil service jobs is skyrocketing.  In 2016, there were 257,000 young Koreans (aged 15 to 29) preparing for public service examinations, up by 38.9 percent from 185,000 in 2015, and accounting for [...]