SEJONG, Sept. 9 (Korea Bizwire) — South Korea lost about 274,000 jobs in August, marking a decline in the number of the employed for the sixth consecutive month, as the coronavirus pandemic hammered job markets, data showed Wednesday. The country’s jobless rate rose by 0.1 percentage point on-year to 3.1 percent in August, with the [...]
SEJONG, June 10 (Korea Bizwire) — South Korea’s jobless rate surged to a 10-year high in May as the coronavirus pandemic hammered job markets, data showed Wednesday. The seasonally adjusted unemployment rate stood at 4.5 percent in May, marking the highest level since January 2010, according to the data compiled by Statistics Korea. The number [...]
SEOUL, Sept. 17 (Korea Bizwire) — One in two adults feels relatively deprived that other parents are involved in their child’s success in society. Saramin, a South Korean job search platform, conducted a survey of 3,289 adults, 52.5 percent of whom responded that they felt relatively deprived because of how other parents exercised influence on [...]
SEOUL, Jan. 16 (Korea Bizwire) — Two out of five South Koreans in their 20s and 30s said they wouldn’t mind working as a part-timer. Job Korea and Albamon, South Korea’s top two job search portals, conducted a survey on 1,200 people born between 1982 and 2000, asking them about their preference for full-time or [...]
SEOUL, June 26 (Korea Bizwire) – South Korea will launch a project later this year to provide 300,000 rental homes to jobseekers that can help ease the financial burden of young people, the land and infrastructure ministry said Monday. The rental homes will be supplied gradually during the President Moon Jae-in’s five-year term that began [...]
SEOUL, May 5 (Korea Bizwire) – It has been a short week, with Labor Day falling on May 1, Buddha’s Birthday on May 3, and Children’s Day on May 5. But while most working adults and students enjoy time off with family or friends, thousands of South Korean young adults yet to find work are [...]
SEOUL, Dec. 21 (Korea Bizwire) – It seems as though finding a job in Korea is getting tougher by the year. In a recent survey of 2,653 job applicants by Saramin, an online recruitment platform, 79.3 percent of the respondents said the job search process was more difficult during the second half of this year. [...]