unemployment Archives | Be Korea-savvy
Job Openings Fall to 88-month Low, Making it Harder for People to Find Work

Job Openings Fall to 88-month Low, Making it Harder for People to Find Work

SEOUL, Mar. 10 (Korea Bizwire) — Job openings in South Korea dropped to an 88-month low on the last working day of January, a clear testament to the difficulties facing people trying to find work, state statistics showed Sunday. The Korean Statistical Information Service said that nationwide job openings for businesses with one or more [...]

S. Korea’s Q3 Jobless Numbers Top 1 mln Mark for the First Time in 19 Years

S. Korea’s Q3 Jobless Numbers Top 1 mln Mark for the First Time in 19 Years

SEOUL, Oct. 14 (Korea Bizwire) – South Korea’s jobless numbers in the third quarter surpassed the 1 million mark for the first time since the country struggled with the fallout of the Asian financial crisis, government data showed Sunday. Numbers released by Statistics Korea showed the average monthly unemployment stood slightly over 1.06 million in [...]

Semiconductor Boom Leading to Increased Industrial Investment, but Employment Still Lagging Behind

Semiconductor Boom Leading to Increased Industrial Investment, but Employment Still Lagging Behind

SEOUL, Oct. 20 (Korea Bizwire) – Details of a report from the Bank of Korea released October 19 indicate that the recent boom in semiconductor manufacturing for domestic companies has led to increased plant and equipment investment, while employment figures remain nearly constant. The report identified the periods between the fourth quarters of 2002 and [...]

Moon’s New Take on Government Employment Leads to Growing Civil Service

Moon’s New Take on Government Employment Leads to Growing Civil Service

SEOUL, May 30 (Korea Bizwire) – The number of employees working for local governments has exceeded 300,000 for the first time, topping 303,401 as of end of last year, announced the Ministry of the Interior on Monday.  South Korea first adopted regional municipalities in 1995, when local governments hired 277,387 employees. The number of firefighters [...]