labor shortages Archives | Be Korea-savvy
Record 165,000 Migrant Workers to Enter S. Korea Next Year

Record 165,000 Migrant Workers to Enter S. Korea Next Year

SEOUL, Nov. 27 (Korea Bizwire) – South Korea will bring in an all-time high of 165,000 non-professional migrant workers next year under the Employment Permit System to cope with growing labor shortages hitting many industries, the Ministry of Employment and Labor said Monday. The government will also expand the industries in which the foreign workers [...]

Semiconductor Employee Shortage Hits Small Businesses

Semiconductor Employee Shortage Hits Small Businesses

SEOUL, June 16 (Korea Bizwire) — A majority of businesses struggling with a shortage of semiconductor technicians tend to be small and medium-sized companies that need graduates from high schools or two-year community colleges, rather than large conglomerates, a government survey showed Wednesday. A survey conducted by the Ministry of Trade, Industry and Energy and [...]

Gov’t to Push for Speedy Influx of Immigrant Workers to Alleviate COVID-19 Labor Shortage

Gov’t to Push for Speedy Influx of Immigrant Workers to Alleviate COVID-19 Labor Shortage

SEOUL, June 14 (Korea Bizwire) — The government will push for a speedy influx of immigrant workers to help alleviate labor shortages in farming, fishing and other industries in the wake of COVID-19, officials said Tuesday. Farms, fisheries and small-size firms, often reliant on immigrant workers, have been experiencing labor shortages in the wake of [...]