Tag: labor market

labor market

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Why it's so hard to get fired in Korea. Or is it?

An uncompromising work culture comes with one safeguard: The difficulty of firing employees. But that belief may be overstated, and even contributing to job market strain.

2026.7.11

AI transition presents both opportunity and challenge for Korea (KOR)

As artificial intelligence reshapes productivity and jobs, Korea’s success will depend on fair competition, shared access to data and computing and worker retraining.

2026.6.24

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AI transition presents both opportunity and challenge for Korea

As artificial intelligence reshapes productivity and jobs, Korea’s success will depend on fair competition, shared access to data and computing and worker retraining.

2026.6.23

Societies that prepare institutions and education will win the AI revolution (KOR)

An economist argues that faster institutional reform, stronger safety nets and more personalized education will determine who benefits from the AI revolution.

2026.6.23

Societies that prepare institutions and education will win the AI revolution

An economist argues that faster institutional reform, stronger safety nets and more personalized education will determine who benefits from the AI revolution.

2026.6.22

Finding a retiree's true value (KOR)

An accounting view honors a lifetime of accumulated expertise, while a financial view measures retirees by the income they can still generate.

2026.6.18

Finding a retiree's true value

An accounting view honors a lifetime of accumulated expertise, while a financial view measures retirees by the income they can still generate.

2026.6.17

Oil tankers are seen near the Seoul branch of the Daehan Oil Pipeline Corporation in Seongnam, Gyeonggi, on March 3, as prices are expected to surge with Iran closing the Strait of Hormuz, a key energy transport route. [YONHAP]

'Stagflation' concerns surge across global markets as tensions continue to rise in Middle East

Concerns about a so-called stagflation, in which stagnant growth coincides with high unemployment and high inflation rates, across global financial markets have spread as tensions continue to rise in the Middle East.

2026.3.8

Attendees visit booths at Semicon Korea, an annual semiconductor exhibition, at Coex in Gangnam District, southern Seoul, on Feb. 11. [YONHAP]

Semiconductor firms to lead new grad hiring as chip supercycle widens recruitment plans

Korea’s electronics and chip companies are set to lead new college graduate hiring in 2026, a survey showed on Thursday, as a semiconductor supercycle is driving firms to expand recruitment plans.

2026.2.19

A person looks at job postings at an employment and welfare center in Mapo District, western Seoul, on Feb. 11. [NEWS1]

Job growth slows to weakest pace in 13 months

Job growth slowed to its weakest pace in 13 months in January, as youth employment remained weak and cold weather curbed hiring among older workers, government data showed on Wednesday.

2026.2.11