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Younger Generation Looks to Physical Labor for Job Opportunities

Younger Generation Looks to Physical Labor for Job Opportunities

SEOUL, Nov. 30 (Korea Bizwire) — More people are breaking traditional social preference for office jobs to work in the blue-collar sector. A YouTube video by a 20-year-old South Korean female forklift operator working in Australia via the working holiday program has recently gone viral as she has been earning 5 million won (US$4,200) per [...]

Job Possibilities Scarce for the Older Unemployed

Job Possibilities Scarce for the Older Unemployed

SEOUL, Nov. 6 (Korea Bizwire) — A new report shows that the number of involuntary retirees caused by the ‘COVID-19 recession’ has been on the rise, heightening uncertainty and anxiety over life after retirement in a society where achieving retirement security is increasingly elusive among older workers. More than 70 percent of respondents over 40 [...]

Record Budget of 31.3 tln Won Earmarked for 2022 Employment Programs

Record Budget of 31.3 tln Won Earmarked for 2022 Employment Programs

SEOUL, Aug. 31 (Korea Bizwire) — The government has earmarked a record budget of 31.3 trillion won (US$26.8 billion) in next year’s state budget to create new public sector jobs and offer subsidies for private companies hiring underprivileged youths, according to officials Tuesday. The envisioned budget for job creation represents a 4 percent increase from [...]