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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 [...]