Korea's manufacturing sector output fell to its lowest level in 25 years in 2023 mainly due to weak demand for semiconductors amid an industry downcycle.
Workers aged 60 and above surpassed those in their 20s in the manufacturing sector workforce last year, constituting a record-high 13.4 percent of all manufacturing employees.
The increase in imports of manufactured goods from China is negatively affecting regional employment in Korea, according to a report shown on Thursday.
The number of employment insurance subscribers in the manufacturing sector increased by 116,000 on-year as of late November, according to the Ministry of Employment and Labor on Monday.
Korea JoongAng Daily Sitemap
