underemployment Archives | Be Korea-savvy

No. of Workers Underemployed on Steady Rise

SEOUL, Dec. 23 (Korea Bizwire) — The number of South Koreans overqualified for their current jobs has reached a record high of over 30 percent this year, a central bank report showed Monday, suggesting overeducation may be adding to the country’s overall costs and that the nation may also be running out of quality jobs. [...]

Gyeonggi Province Targets Youth Unemployment, SME Underemployment With Policy Proposals

SUWON, Aug. 17 (Korea Bizwire) – Speaking on youth unemployment and the difficulties small and medium-sized businesses face in hiring and retaining new employees, Gyeonggi Governor Nam Gyeong Pil unveiled a number of policy proposals that would seek to resolve both issues. There were three chief proposals for those ages 18 through 34 in his [...]