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Employment Insurance Subscriptions Drop Sharply in Coronavirus-hit Lodging, Food Sectors

Employment Insurance Subscriptions Drop Sharply in Coronavirus-hit Lodging, Food Sectors

SEJONG, Sept. 14 (Korea Bizwire) — Subscriptions to the state employment insurance fell steeply in the accommodation and food service industries last month amid strict social distancing rules prompted by the fourth wave of COVID-19, the labor ministry said Tuesday. The number of subscribers in the lodging and food service sectors stood at 648,000 in [...]

Employment Insurance Growth Hits 17-year Low in Jan. amid Pandemic

Employment Insurance Growth Hits 17-year Low in Jan. amid Pandemic

SEOUL, Feb. 8 (Korea Bizwire) — Subscriptions to state employment insurance increased by the smallest number in 17 years in January amid the third wave of the coronavirus pandemic, the labor ministry said Monday. The number of subscribers reached 13.84 million in January, up 151,000, or 1.1 percent, from the same month last year, according [...]