SEJONG, Oct. 16 (Korea Bizwire) — South Korea lost about 392,000 jobs in September, marking a decline in the number of the employed for the seventh consecutive month, as the coronavirus pandemic hammered job markets, data showed Friday. The country’s jobless rate rose by 0.5 percentage point on-year to 3.6 percent in September, with the [...]
SEOUL, Oct. 13 (Korea Bizwire) — A cooperative organized by a group of university students is contributing to addressing a social conundrum – the creation of jobs for visually impaired persons. According to the Korea Employment Agency for Persons With Disabilities, the employment rate of the nation’s visually impaired persons stood at 42.6 percent last [...]
SEOUL, Sept. 16 (Korea Bizwire) — Young South Koreans in their 20s and 30s are giving up on marriage and many other aspects of life due to the difficulty in securing a stable job. Duo, a local matchmaking agency, conducted a survey of 500 unmarried young adults in their 20s and 30s (250 men, 250 [...]
SEOUL, Aug. 31 (Korea Bizwire) — Local companies’ demand for new employees in the second and third quarters has fallen to the lowest level in 11 years, a government report showed Monday, as the spread of the coronavirus pandemic continues to weigh down the job market. According to the report issued by the Ministry of [...]
SEOUL, Aug. 26 (Korea Bizwire) — The government has decided to provide foreign workers who cannot return to their homeland due to a lack of flights amid the spread of the coronavirus the opportunity to work at agro-fishery villages for up to three months. This plan is part of efforts to help foreign workers make [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea lost about 277,000 jobs in July, marking a decline in the number of the employed for a fifth consecutive month, as the new coronavirus pandemic strained business activities, data showed Wednesday. The country’s jobless rate rose by 0.1 percentage point on-year to 4 percent in July, with [...]
SEJONG, July 24 (Korea Bizwire) — Only one-third of people with disabilities had jobs last year, data showed Friday, underscoring the employment challenges facing disabled people. The employment rate of disabled people stood at 34.9 percent in 2019, compared with the rate of 60.9 percent for the total population, according to the data from Statistics [...]
SEJONG, July 22 (Korea Bizwire) – The number of young South Koreans preparing for job exams rose in May this year, data showed Wednesday, as job markets are hit hard by the coronavirus pandemic. The data released by Statistics Korea showed that 804,000, or 17 percent, of 4.73 million economically inactive youths aged 15-29 prepared [...]
SEJONG, July 20 (Korea Bizwire) — The employment rate for people in their 40s in South Korea hit a 21-year low in June as the coronavirus pandemic hammered job markets, data showed Monday. According to the data from the nation’s statistics agency, the employment rate for 40-somethings stood at 76.9 percent last month, marking the [...]
SEOUL, July 18 (Korea Bizwire) – President Moon Jae-in’s ambitious policy project aimed at helping overcome the new coronavirus pandemic is expected to include expansion of employment insurance coverage and fostering of IT jobs for young job seekers. Earlier this week, Moon announced plans to invest 160 trillion won (US$133 billion) by 2025 to create [...]