Working in Korea

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"South Korea has done a successful job"

...in controlling the spread of covid 19, with daily cases at a low level and clusters responded to with measures to track and trace those infected and at risk.

According to the Korean Development Institute, "The total number of employed is expected to lose 150,000 in 2020 as the labor market contracts mainly in the services industry, which is heavily dependent on face-to-face interaction, and then gain 150,000 in 2021 as economic activity makes a rebound."

    Some Facts about the labor market from the OECD

  • "Korea has the fastest ageing population in the OECD, with the number of persons aged 65 or over projected to exceed 80% of the working-age population by 2060, the highest ratio in the OECD"
  • "Overall, Korea’s GDP per worker is about 20% below the OECD average, pointing to huge potential for catch-up."
  • On women in the workforce, the OECD notes, "Women’s employment rate is about 18 percentage points below that of men." It also notes that "The gender wage gap is the widest in the OECD, at about 34% in 2018, compared to an OECD average of about 13%."
  • "...old-age poverty remains the highest in the OECD, with more than 40% of people aged 65 or over living in relative poverty."

Job Boards in Korea

Search up to 5 Job boards for South Korea Jobs

Top Cities in South Korea

CityPopulation
Seoul(9,904,312)
Busan (3,448,737)
Incheon (2,890,451)

Japanese language Blogs

Working in Korea (日本語)

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