SEOUL, March 7 (Korea Bizwire) — The jobs that are least popular among university students are the ones that do not keep regular working hours, a survey showed Sunday. The Korea Research Institute for Vocational Education and Training conducted a survey of 8,353 juniors at universities nationwide to gain insight into their job preferences. The [...]
SEOUL, Feb. 24 (Korea Bizwire) — Employment for wage workers in South Korea grew at a slow clip in the third quarter of 2021 from three months earlier amid the coronavirus pandemic, data showed Thursday. The number of paid employee jobs came to 19.6 million as of end-September, up 2.6 percent, or 491,000, from a [...]
SEOUL, Feb. 16 (Korea Bizwire) — South Korea reported the largest job growth in nearly 22 years in January as the job market improved to pre-pandemic levels due to a low base effect and the ongoing economic recovery, data showed Wednesday. The number of employed people came to 26.95 million last month, up 1.14 million [...]
SEJONG, Jan. 31 (Korea Bizwire) — South Korea’s unemployment rate calculated based on the number of full-time workers who work more than 40 hours per week slipped to the 50 percent level for the second straight year, a lawmaker said Sunday. The nation’s full-time equivalent (FTE) employment rate stood at 50 percent level for two [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea added the most jobs in seven years in 2021 as the job market recovered to pre-pandemic levels due to the base effect and the economic recovery, data showed Wednesday. The number of employed people reached 27.27 million last year, 369,000 more than a year earlier, according to [...]
SEOUL, Jan. 7 (Korea Bizwire) — The increase in the number of foreign workers does not result in domestic employees losing jobs — instead, it promotes the relocation of domestic workers towards duties where communication skills are important, South Korea’s central bank said. The influx of foreign workers can impact not only the employment and wages [...]
SEOUL, Dec. 29 (Korea Bizwire) — Young South Koreans are more worried about the country’s lack of jobs than young people in any other country, a survey showed Tuesday. The Korean National Commission for UNESCO conducted a survey of 1,000 people between the ages of 19 and 34, 34 percent of whom picked ‘lack of [...]
SEOUL, Dec. 22 (Korea Bizwire) — The mismatch between jobs and university majors has a stronger long-term impact on wage loss for university graduates than a general economic downturn, the central bank said Tuesday. The average wage of workers with less than one year of job experience declined by 8.3 percent in 2009, following the [...]
SEOUL, Dec. 15 (Korea Bizwire) — South Korea reported job additions for the ninth straight month in November amid the economic recovery, but employments in in-person service sectors still remained under strain amid the latest upsurge in COVID-19 cases, data showed Wednesday. The number of employed people reached 27.79 million last month, 553,000 more than [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea added the largest number of job positions in four years last year due to an increase in employment in the health, social welfare service and public administration sectors amid rapid aging, data showed Tuesday. The country’s total jobs reached 24.72 million last year, up 710,000, or 2.9 [...]