November saw employment continue to rise in South Korea
South Korea’s labour market saw job additions in November, with the number of employed workers amounting to 27.79 million in November, an increase of 553,000 year-on-year, according to Statistics Korea.
This marks a consecutive trend of job additions for nine straight months. However the jobs addition fell below 600,000 for the first time in three months, which was attributed to the resurgence of the COVID-19 outbreak that hit the dining and hospitality industries.
In November, workers in most age groups added jobs, except those in their 30s and 40s. Employees aged 60 and above saw the biggest growth, at 331,000, followed by those in their 20s, at 156,000, and workers in their 50s, at 149,000.
Workers in their 30s lost 69,000 jobs, bringing about a decline in roles for 21 straight months for the age group. Employees in their 40s shed 27,000 jobs, reversing the trend for the first time in six months, writes Pulse news.
The healthcare and social welfare industries gained 279,000 jobs, transportation and warehousing added 148,000 roles, while information and telecommunications gained 106,000 jobs.