SEOUL, April 3 (Korea Bizwire) — Non-regular workers have been hit harder by the economic fallout from the new coronavirus pandemic than regular workers, a survey showed Saturday. In a survey on 1,000 salaried workers aged 19 or above conducted from March 17-23 by pollster Embrain Public, 18.6 percent said they experienced unemployment since COVID-19 [...]
SEOUL, Feb. 12 (Korea Bizwire) — South Korea’s job market has been severely affected by the prolonged COVID-19 outbreak. To many, the job market seems to be a deep and dark tunnel with no light in sight. In particular, with the job market for those in their 20s, which is the first step into society [...]
SEOUL, Jan. 18 (Korea Bizwire) — Over a third of non-regular workers have experienced unemployment since the new coronavirus broke out in South Korea in January 2020, a survey showed Monday. According to a survey by Embrain Public conducted on 1,000 salaried workers aged between 19 and 55 on four occasions in April, June, September [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea lost about 277,000 jobs in July, marking a decline in the number of the employed for a fifth consecutive month, as the new coronavirus pandemic strained business activities, data showed Wednesday. The country’s jobless rate rose by 0.1 percentage point on-year to 4 percent in July, with [...]
SEOUL, May 18 (Korea Bizwire) — The number of jobless South Koreans hit a record high in the first four months of the year due mainly to the coronavirus impact, a report showed Monday. Roughly 2.08 million people in the country remained unemployed during the January-April period, according to the report from Rep. Choo Kyung-ho [...]
SEOUL, April 20 (Korea Bizwire) – The government should take aggressive measures to prevent a possible jump in unemployment due to the outbreak of the novel coronavirus, a private think tank said Monday. The Korea Economic Research Institute (KERI) said it has proposed a list of 10 labor policy tasks to the labor ministry in [...]
SEOUL, April 13 (Korea Bizwire) – The amount of state allowances paid to those unemployed or seeking jobs soared to a record high of nearly 900 billion won (US$738 million) in March, data showed Monday, due largely to the negative economic impact from the coronavirus outbreak. According to the Ministry of Employment and Labor, the [...]
SEOUL, Jan. 13 (Korea Bizwire) — The proportion of unemployed people aged 25-29 in South Korea has ranked the highest among member nations of the Organization for Economic Cooperation and Development (OECD), a report showed Monday. According to the report by the Bank of Korea (BOK), the 25-29 age bracket accounted for 21.6 percent of [...]
SEOUL, Jan. 2 (Korea Bizwire) — It’s 4 a.m. in the morning, and street cleaner Lee Seong-hyeong, 22, is already out for work. It takes another hour to change into a working uniform, bring out all necessary equipment and begin official duties at 5 a.m. Despite the cold at -6 degrees celsius, Lee is soon [...]
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 [...]