SEJONG, July 19 (Korea Bizwire) — The number of discouraged workers in South Korea hit a new monthly high in June amid the prolonged coronavirus pandemic, government data showed Monday. Asia’s fourth-largest economy had 583,000 discouraged workers, up 46,000 from a year earlier, according to the data from Statistics Korea. It was the largest tally [...]
SEOUL, July 14 (Korea Bizwire) — South Korea reported job additions for the fourth straight month in June, data showed Wednesday, in the latest sign the job market has improved amid an economic recovery. The number of employed people reached 27.6 million last month, 582,000 more than a year earlier, according to the data compiled [...]
SEOUL, May 3 (Korea Bizwire) — After the coronavirus outbreak, the demand for medical and science, technology, engineering and math (STEM)-related workers increased, a state-run think tank said. The demand for employees who can develop new technology increased on the back of the growing interest in health resulting from population aging and income growth, according [...]
SEOUL, April 20 (Korea Bizwire) — With the job market still sluggish due to the spread of the coronavirus, an increasing number of young people are choosing to take matters into their own hands and launch their own businesses. The number of young people aged between the ages of 15 and 29 who were self-employed [...]
SEOUL, March 3 (Korea Bizwire) – South Korea’s finance minister said Wednesday the government will make efforts to create some 300,000 jobs by 2025 in the service sector that has borne the brunt of the COVID-19 pandemic. Finance Minister Hong Nam-ki unveiled a road map on developing the service industry, under which the country will [...]
SEOUL, Feb. 25 (Korea Bizwire) – The number of jobs for wage workers in South Korea increased on-year in the June-August period of last year, but those in their 20s and 30s suffered extended employment slumps amid the pandemic, data showed Thursday. The number of paid employee jobs reached 19.1 million in the cited period, [...]
SEOUL, Feb. 25 (Korea Bizwire) — As interest grows in healthcare workers due to the spread of the coronavirus, a growing number of South Korean elementary school students say they want to be doctors when they grow up. The Ministry of Education and the Korea Research Institute for Vocational Education and Training conducted an online [...]
SEOUL, Feb. 12 (Korea Bizwire) — South Korea’s job market has been severely affected by the prolonged COVID-19 outbreak. To many, the job market seems to be a deep and dark tunnel with no light in sight. In particular, with the job market for those in their 20s, which is the first step into society [...]
SEOUL, Feb. 4 (Korea Bizwire) — More than half of working women in Seoul have more than one job for economic reasons, a survey showed Wednesday. The Seoul Metropolitan City Government and the Seoul Women’s Development Institute jointly conducted a survey of 1,247 working women between 20 and 59 years of age who live in [...]
SEOUL, Jan. 26 (Korea Bizwire) — The number of South Koreans who were employed last year but took temporary leave due to a lack of work resulting from sluggish business or suspended operations reached an all-time high last year. According to data released by the Statistics Korea, the number of employed people who took temporary [...]