Tag: employment
Employment conundrum looms large in South Korea with aging population
Seoul: South Korea on Wednesday floated the idea of dictating that companies continue to employ workers beyond the current retirement age of 60, a move that could have far-reaching implications […]
Job additions hit 18-month high in July
Seoul: The number of new jobs in South Korea rose to their highest in 18 months in July on the back of a rise in employment in the health care, […]
GDP growth affects S. Korea’s employment most
South Korea’s economic growth rate has had the greatest impact on the country’s employment level among major macroeconomic variables over the past years, a report showed Wednesday. A 1 percentage-point […]
China determined to stabilize, expand employment
After China established vocational education and training centers in northwest China’s Xinjiang Uygur Autonomous Region, some western officials and media outlets constantly attacked China with groundless accusations. However, if they […]
China takes measures to stabilize employment
China is still facing large employment pressure as over 15 million new members of the labor force are flocking in urban areas this year. In front of the double threats […]
China moves to stabilize employment via entrepreneurship
Chinese provinces, municipalities, and autonomous regions have rolled out a package of measures to stabilize employment, which was prioritized as the main task in their recently-released government work reports. Entrepreneurship […]
“Young, old generations do not understand each other”
Complaints and conflicts are piling up between the young and old as Korea is rapidly becoming an aging society, which leaves the young working class with a heavier economic burden […]