263,000 elderly employment growth in South Korea's Q1 2021 led to a 314,000 increase in wage and salary worker jobs.
South Korea's wage worker population saw faster growth in Q1 2021, mainly due to a surge in elderly employment. Wage and salary worker jobs increased by 314,000 to reach 20.52M, with the 60+ age group seeing a 263,000 rise. Health, social welfare, transport, warehousing, and eatery/lodging industries experienced job growth, while the construction sector saw a decline of 48,000 jobs.
August 21, 2024
4 Articles