Finance, Health Care and Real Estate Lead Decade of Service Industry Growth in South Korea
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
Young Koreans Hope for Dull, Stable Jobs
chosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chosun.com Daily Mail and Mail on Sunday newspapers.
May 13, 2021 09:37
Employment increased at the fastest rate in six years and eight months last month amid signs that the economy is starting to emerge from the coronavirus doldrums.
Employment had been dropping for 12 straight months since March 2020 but shifted to growth this March.
Statistics Korea said Wednesday that the number of employed people increased by 652,000 on-year to 27.21 million or 60.4 percent. That was the biggest growth since August 2014.
A woman looks at a job bulletin board in an employment office in Seoul on Wednesday. /Newsis
Although employment remains below pre-COVID-19 levels of 60.8 percent in April 2019, the government said a recovery is becoming more apparent.