A growing number of young Koreans are taking longer to graduate compared to past generations, and in turn hit other milestones such as employment and marriage later in life.
Korea added fewer than 100,000 jobs for the second consecutive month in June due to the slowing growth of manufacturing jobs and the weak construction industry, data showed Wednesday.
A shopper reads a book near a bookshelf in the job hunting and career section at a bookstore in Seoul on Sunday.
Korea's dual income households hit a new high, attributed to the country's rising employment and low birthrate. Single-person households also increased.
Korea's employment rate reached 70% despite slowing growth.
Korea added more than 260,000 jobs in April, driven by a marked increase in manufacturing roles due to export growth, with more people aged 60 and over entering the workforce.
Wanted Lab has opened a beta version of Wanted Global, a job listing website for foreign nationals.
Korean trade unions will stage Labor Day protests and rallies across Seoul on Wednesday. Over 20,000 labor union members are set to join the protests in the city.
It is necessary to change the job structure and shift the paradigm.
The economic waist should be strong to sustain the country.
Korea JoongAng Daily Sitemap