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S. Korea Adds 626,000 Jobs On-year in Nov.; Job Growth Slows for 6th Month

S. Korea Adds 626,000 Jobs On-year in Nov.; Job Growth Slows for 6th Month

SEOUL, Dec. 14 (Korea Bizwire) — South Korea added jobs for the 21st straight month in November, but the growth continued to slow for the sixth month in a row amid the central bank’s aggressive monetary tightening, government data showed Wednesday. The number of employed people stood at 28.4 million last month, up some 626,000 [...]

17 pct of Women in S. Korea Experience Career Break Following Marriage: Data

17 pct of Women in S. Korea Experience Career Break Following Marriage: Data

SEOUL, Nov. 22 (Korea Bizwire) — Around 17 percent of South Korean women experienced a career break following their marriage this year, with child-rearing among the top reasons, data showed Tuesday. The number of women aged 15-54 who had stopped working after marriage had come to 1.39 million as of April, slightly down from 1.44 [...]

Job Seekers Avoid Advertisement, PR, and Marketing Industry Due to Excessive Workload

Job Seekers Avoid Advertisement, PR, and Marketing Industry Due to Excessive Workload

SEOUL, Nov. 11 (Korea Bizwire) — Young Koreans, who typically prioritize work-life balance and have gotten used to online life, are avoiding the advertisement, PR and marketing industry. Online jobs portal Incruit showed that the job competition in the advertisement industry stood at 2.8 to 1 in 2018, after 24,128 applicants flocked to 8,761 job [...]

Recent Job Growth Mostly Led by Young, Senior People: BOK Report

Recent Job Growth Mostly Led by Young, Senior People: BOK Report

SEOUL, Aug. 4 (Korea Bizwire) — The recent sharp job growth in South Korea was mostly driven by increased employment among youngsters and senior citizens, a central bank report said Thursday. “The economically-active population has exceeded pre-pandemic levels,” the Bank of Korea (BOK) said in the report. “In particular, increased labor supplies by youths and [...]