Wage Worker Job Growth Slows in Q4 amid Pandemic | Be Korea-savvy

Wage Worker Job Growth Slows in Q4 amid Pandemic


This file photo, taken Nov. 24, 2021, shows a job fair in the city of Goyang, north of Seoul. (Yonhap)

This file photo, taken Nov. 24, 2021, shows a job fair in the city of Goyang, north of Seoul. (Yonhap)

SEOUL, May 26 (Korea Bizwire)Employment of wage workers in South Korea grew at a slower clip in the fourth quarter of 2021 compared with three months earlier amid the prolonged COVID-19 pandemic, data showed Thursday.

The number of paid employee jobs came to 19.97 million in the fourth quarter, up 376,000, from a year earlier, according to the data from Statistics Korea.

The tally slows from an on-year increase of 491,000 in the third quarter of last year.

The manufacturing sector added 62,000 wage workers in the fourth quarter, with jobs in the health and social welfare segment surging by 138,000.

But the public administration sector lost 123,000 jobs, and businesses and leasing services shed 11,000 jobs, according to the data.

By age, the number of jobs for those in their 60s or older grew by 205,000, the highest increase among all age groups.

Those in their 50s followed with an increase of 143,000, trailed by people in their 20s and younger with 19,000 and those in their 40s with 13,000.

But jobs for salaried workers in their 30s fell by 5,000, extending the losing streak to the ninth consecutive quarter.

The number of jobs for men rose by 123,000 in the fourth quarter, with that for women increasing by 253,000, the data showed.

(Yonhap)

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