SEOUL, Aug. 25 (Korea Bizwire) — The employment of wage workers in South Korea achieved record high growth during the first quarter as the job market has recovered from the impact of the pandemic, data showed Thursday. The number of paid employee jobs came to 19.75 million in the cited period, up 752,000 from a [...]
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 [...]
SEOUL, July 13 (Korea Bizwire) — South Korea reported job additions for the 16th consecutive month in June, but the pace of job growth slowed from a month earlier amid heightened economic uncertainty, data showed Wednesday. The number of employed people came to 28.49 million last month, up 841,000 from a year earlier, according to [...]
SEOUL, June 8 (Korea Bizwire) — Nearly 15 out of 100 employed people in South Korea changed jobs in 2020 amid the sluggish job market hit by the COVID-19 pandemic, data showed Wednesday. The number of registered employees in South Korea, who are eligible for state insurance programs, came to 24.83 million in 2020, up [...]
SEOUL, May 26 (Korea Bizwire) — Employment of wage workers in South Korea grew at a slower clip in the fourth quarter of 2021 compared with three months earlier amid the prolonged COVID-19 pandemic, data showed Thursday. The number of paid employee jobs came to 19.97 million in the fourth quarter, up 376,000, from a [...]
SEOUL, May 19 (Korea Bizwire) — The “MZ generation,” a Korean term referring to those aged between late 10s and 30s, prioritizes work-life balance when applying for jobs, a major South Korean business lobby said. The Korea Enterprises Federation conducted a survey of 1,000 people born between 1983 and 2003, 66.5 percent of whom said [...]
SEOUL, April 27 (Korea Bizwire) — The 29-year-old man, surnamed Park, first jumped into the job market in 2017, and quit four jobs before landing a position at a public agency in Gyeonggi Province. “Everyone would tell me that transferring to another job was pointless since all companies are the same. They always thought I [...]
SEOUL, March 17 (Korea Bizwire) — South Korea can create up to 2.26 million new jobs in fields of energy transition by 2050 if the country invests consistently in achieving its carbon neutrality policy goal, a U.S. think tank report showed Thursday. The report from the University of Massachusetts’ Political Economy Research Institute (PERI), commissioned [...]
SEOUL, March 16 (Korea Bizwire) – The number of employed people in South Korea increased by more than 1 million on-year for the second straight month in February due to a low base effect and the economic recovery, data showed Wednesday. The number of employed people came to 27.4 million last month, up 1.04 million [...]
SEOUL, March 13 (Korea Bizwire) — Six out of 10 South Korean companies want the incoming government of President-elect Yoon Suk-yeol to focus on creating jobs to support the economic recovery, a survey showed Sunday. Of 157 local companies, 95, or 60.5 percent, picked job creation as the top policy priority for the new government, [...]