Half of new jobs in S. Korea created for elderly in 2022

0 Comment(s)Print E-mail Xinhua, December 6, 2023
Adjust font size:

SEOUL, Dec. 6 (Xinhua) -- Half of new jobs in South Korea were created for the elderly people last year, with youth employment rising slightly, statistical office data showed Wednesday.

The number of jobs stood at 26.45 million in 2022, up 870,000 from the previous year, according to Statistics Korea.

Jobs for those aged 60 or higher gained the most by 440,000, accounting for more than half of last year's total job growth.

It was followed by 260,000 new jobs for those in their 50s, 100,000 jobs for those in their 40s and 50,000 for those in their 30s.

The number of jobs created for those in their 20s stood merely at 10,000 last year amid the lower youth population.

Of the total jobs, 47.4 percent was created by incorporated companies, while privately owned entities took up 31.4 percent. The government and unincorporated organizations made up 11.4 percent of the total jobs last year.

By industry, the health and social welfare sector added the highest of 120,000 new jobs, trailed by the wholesale and retail sector with 110,000 new jobs and the manufacturing industry with 90,000 jobs. Enditem

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from