Original title: South Korean employment has declined for 9 consecutive months
Sino-Singapore JingweiclientTerminal, December 16, according to Yonhap News Agency, South Koreastatistics“NovemberEmploymentAccording to data from Trends, it was hit hard by the new crown epidemic in NovemberEmployed populationYoYIt decreased by 273,000 people to 27.241 million.unemploymentThe rate was 3.4%, a year-on-year increase of 0.3 percentage points.
The report stated thatWith the epidemiclongSpread, the number of employees in South Korea has decreased year-on-year for 9 consecutive months, second only to the worldfinancial crisisAfter the outbreak, it was the longest record of 16 consecutive months since January 1998.However, due to the impact of the South Korean government’s downward adjustment of its anti-epidemic response in October, the rate of decrease has narrowed compared with the previous month.
According to the report, by industry, Korean accommodationCateringEmployment population decreased by 161,000, wholesaleretailIndustry decreased by 166,000,manufacturingA reduction of 113,000 people.On the contrary, public administration defensesocietySecurity administration (152,000 people), health andSocial WelfareserviceIndustry (114,000 people),Construction industry(77,000 people) both increased.
By age,In addition to the increase in the number of employed people over 60 years old (372,000 people),15-29 years old (-243,000), 30-39 years old (-194,000), 40-49 years old (135,000), 50-59 years old (74,000) all decreased.
According to the report, Koreans aged 15 to 64employment rateA year-on-year decrease of 1 percentage point to 60.7%, the lowest level since November 2013 (60.7%). Among them, the employment rate of 15-29 year-old youth dropped 1.9 percentage points year-on-year to 42.4%.Economically active populationIt was 28.208 million, a year-on-year decrease of 172,000.Inactive populationIt was 16.675 million, a year-on-year increase of 431,000. Among the economically inactive population, 2.353 million are in a state of “leaving”.
The report finally mentioned that the number of unemployed people in South Korea in November was 967,000, an increase of 101,000 year-on-year.unemployment rateA year-on-year increase of 0.3 percentage points to 3.4%, the highest level in the same month since 2004.
(Source: Sino-Singapore Jingwei)
(Editor in charge: DF398)
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