SEOUL, Feb. 8 (Korea Bizwire) — Jobseekers are flocking to Genesis BBQ Co. amid news that the company had decided to raise its starting salary for university graduates. The company, which runs one of South Korea’s biggest fried chicken franchises, BBQ Chicken, said Tuesday that more than 2,500 jobseekers had applied during the recruitment period [...]
SEOUL, Jan. 12 (Korea Bizwire) — The government plans to establish a vocational capability information system aimed at enabling jobseekers to use a formal certificate including information on their qualifications and career when they apply for jobs. The Ministry of Employment and Labor announced. that the government deliberated and resolved the revision of the ‘Act [...]
SEOUL, June 9 (Korea Bizwire) — South Korea reported job growth for the third straight month in May, data showed Wednesday, in the latest sign that the job market is recovering from slumps caused by the pandemic. The number of employed people reached 27.6 million last month, 619,000 more than a year earlier, according to [...]
SEOUL, May 28 (Korea Bizwire) — A bill to revise the Recruitment Procedure Act towards including a provision that requires employers to notify failed job candidates why they were rejected has been proposed in the National Assembly. The bill comes at a time in which many job seekers are raising voices about the need to [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea reported the largest job loss in January since 1998 as a flare-up in new coronavirus cases, along with continued virus curbs, dealt a heavy blow to jobs in the service sector, data showed Wednesday. The number of employed people reached 25.8 million last month, 982,000 fewer than [...]
SEOUL, Jan. 15 (Korea Bizwire) — Concerns are growing about South Korea’s young people who are facing the risk of falling into what some are calling a ‘lost generation,’ as the prospects of a so-called job cliff are deepening due to the COVID-19 pandemic. According to Statistics Korea, the annual jobless rate of young people [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korea reported the largest job loss in December since 1999 as a resurgence in new coronavirus cases dealt a blow to jobs in the service sector, data showed Wednesday. For the whole of 2020, the country also shed the largest number of jobs since 1998, when the country [...]
SEOUL, Jan. 11 (Korea Bizwire) — A record 11.85 trillion won (US$10.79 billion) was paid in unemployment benefits last year amid the business challenges of COVID-19, government data showed Monday. According to the Ministry of Employment and Labor, the government paid more than 956 billion won in job-seeking benefits in December, bringing the yearly total [...]
SEOUL, Dec. 29 (Korea Bizwire) — The number of university graduates in their 20s and 30s who were both unemployed and not actively seeking work last month neared 200,000, a sharp increase from a year ago. Among the 2.4 million unemployed members of the labor force who abstained from job seeking activities last month, university [...]
SEOUL, Dec. 21 (Korea Bizwire) — The employment shock that has come about with the coronavirus pandemic has hit women harder than men. Statistics Korea reported a 28.8 percent increase in the number of unemployed women last month (427,000) compared to the same period in the previous year, an unprecedented rate not seen since July [...]