Seoul, Jul. 13 (Korea Bizwire) — Unemployment is increasing, even though most are trying hard to find a job. One out of ten people are remaining jobless for over six months, despite the efforts they make to get a job. Experts see the phenomenon resulting from an increase in the number of people wanting to [...]
GWANGJU, Apr. 13 (Korea Bizwire) — The gruesome end met by a missing job seeker is making waves in Korean society. Bones from a body hanging from a tree were found by a resident in a secluded part of a park in Gwangsan-gu, Gwangju on April 11. According to a police statement, the bones belonged to [...]
SEOUL, Jan. 14 (Korea Bizwire) — One of five South Koreans start their career with temporary jobs with a contract period of less than a year, government data showed Wednesday, reflecting toughening job market conditions for fresh high school and college graduates. Some 761,000 workers between the ages of 15 and 29, or 19.5 percent [...]
SEOUL, Nov. 14 (Korea Bizwire) — Korea’s statistical agency released data on unemployment that include those without jobs for voluntary reasons such as housewives. Including these figures, Korea’s jobless rate is more than 10 percent, more than three times that of the current official unemployment rate. Accordingly, the number of those with no job will increase to [...]
SEOUL, July 9 (Korea Bizwire) – Amid the severely high unemployment rate, youths in their 20s are rushing to construction sites for part-time jobs, according to a recent survey. Meanwhile, the construction companies are filling the vacancies with mostly low-cost foreign workers. This is the cross section of the distorted labor market in Korea that [...]