[South Korea] new crop of young people seek to realize their dreams in farming
While most young jobseekers in South Korea unusually struggle to find well-paying positions at big name companies, such as Samsung, Jeong Kang-seok took a different approach upon graduating from college. The 25-year-old man, instead of sending out resumes, wanted to stay clear of city life and opted to sow seeds on his own farm. “What […]
Yonhap News TV to run job information channel until 2022
Yonhap News TV, the all-news cable channel of Yonhap News Agency, said Wednesday that it will operate a public job information channel through 2022. Owned by the Ministry of Employment and Labor and the Human Resources Development Service of Korea, the Korea Work TV is a cable TV channel aimed at providing employment and vocational […]
Unemployed moms seek jobs to cover living, educational outlays
More than half of unemployed moms in South Korea want to find work to better cover living and education-related expenses for family members, a survey showed Monday. According to the survey conducted by the Korea Institute for Health and Social Affairs, 56.6 percent of the respondents said they want to work. The findings were based […]
South Korea: women executives almost nonexistent at public companies
Only one of the 163 senior executives at public firms is a woman, and such a dearth is not likely to end soon due to a lack of women who are in a position to be promoted to the C suite, an analysis showed Wednesday. Corporate appraiser CEO Score surveyed 35 state firms and found […]
Koreans well educated but underperforming
Rigid labor, education hinder human development South Korea has been locked in an “education paradox” with the country spending huge amounts on educating and training young people only to see their global competitiveness getting left behind year after year. Simply put, they are highly-educated but ill-equipped to bring value to the economy. In addition, the nation […]
South Korea: CEO’s brutal attack on ex-employee
A video from a Korean investigative journalism team released Tuesday reveals the shocking moment a high-profile online business guru attacks a man at one of the companies he owns. In the video report jointly produced by News Tapa and its investigative team Sherlock, a former employee of Korean online file-sharing site WeDisk follows Yang Jin-ho, the company’s […]
Unemployment of college graduates hits record high
The unemployment rate for college graduates rose to a record high in the second quarter as companies and small businesses grew more reluctant to hire new workers amid a consumption slump and other unfavorable business conditions. Due to worsening job market conditions, the number of unemployed university graduates as of June exceeded the figure following […]
Korea isolated in job recovery
Korea seems to be one of the very few countries of the Organization for Economic Cooperation and Development (OECD) facing rising joblessness. Developed countries such as the United States, Japan and Germany, on the other hand, have reached virtually full employment. Korea’s unemployment rate stood at 4 percent in August, the highest in 18 years. […]
Dreaming big
She’s bubbly and energetic; she’s twenty-five. But it’s scary opening up a new chapter in your life. Change calls for courage, especially when you’re young and things are unsure. Still, Lee Young Jae has always been sure of her love for books and writing. She used to look at her grandfather, who would spend hours […]