SEOUL, Dec. 27 (Korea Bizwire) – Only 53.6 percent of 1,600 youth between the ages of 18 to 34 were in agreement with the statement “we can get better jobs than those of our parents’ generation” in a Ministry of Employment and Labor study on young peoples’ beliefs regarding employment policies. Anxiety over future job [...]
SEOUL, Nov. 24 (Korea Bizwire) – A survey of 1,000 university students was able to glean a number of insights into the perspectives held on societal concerns like the plunging birth rate and hopes and expectations for the future such as marriage and jobs. Commissioned by the Korea Population and Health Welfare Association, the questionnaire [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korean companies increased hiring of regular workers by more than 14,000 in 2015 in return for government tax benefits, a report said Friday. A total of 2,164 large businesses and smaller companies applied for tax credits after employing a combined 14,109 young regular workers that year, according to [...]
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 [...]
SEOUL, June 15 (Korea Bizwire) – The number of people preparing for jobs surpassed the 700,000 mark in May for the first time ever, data showed Thursday, amid the rising unemployment among young people. The figure surged to 735,000 last month, up 13 percent from 656,000 a year earlier, the data by Statistics Korea said. [...]
SEOUL, May 24 (Korea Bizwire) – With employment stability rapidly becoming one of the most important considerations for those seeking a job, more than half of the university students and salaried workers in South Korea are eyeing the idea of becoming a civil servant. According to a recent online survey conducted by the Korea TOEIC [...]
SEOUL, May 10 (Korea Bizwire) – Amid a sluggish economy, the prevalence of late marriages and a growing cost of living, an increasing number of parents in South Korea are comfortable with the idea of having a ‘kangaroo family’, where parents support their children past university into employment, with four in ten parents now saying they [...]
SEJONG, May 8 (Yonhap) – The unemployment rate for the age group of 20s and 30s with no career experience hit a record high in the first quarter, due largely to a sluggish recruitment market and preference for hiring experienced workers, government data showed Saturday. The tally on the unemployed aged 20-39 who have never had a [...]
SEOUL, April 27 (Korea Bizwire) – Amid record youth unemployment rates mired in the double digits, the Seoul Metropolitan Government is continuing its efforts to support young people this year, with 5,000 young people between the ages of 19 and 29 set to receive 500,000 won every month from July for up to six months [...]
SEOUL, April 20 (Korea Bizwire) – The Seoul Metropolitan Government announced Wednesday that it has partnered with two additional tailors in Sinchon and Wangsimni for its free suit rental initiative starting May 22. The city launched the service last year near Konkuk University to help unprivileged job seekers amid South Korea’s rising youth unemployment rate. [...]