Chuseok Bonus Effect Concentrated Among High-Income Earners—Income Polarization Widens
High-income earners in South Korea saw a sharp rise in Q4 earned income due to Chuseok bonuses, widening the income gap as middle-class earnings declined.
Wage Jobs Rise by 139,000 in Q3 2025—Construction Sector Contracts for Eighth Straight Quarter
South Korea added 139,000 wage jobs in Q3 2025, but construction jobs fell for the eighth straight quarter, highlighting a slowing labor market and sectoral shifts.
Wage Income Rises 3.3%—Income Gap Between Large and Small Firms Remains at 2x
South Korea's average wage income rose 3.3% in December 2024, but the income gap between large companies and SMEs remains at a persistent twofold difference.
South Korea's job growth slowed sharply in January, with employment rising by just 108,000—the smallest gain in 13 months—as construction and manufacturing sectors continued to shed jobs and the youth employment rate fell for the 21st consecutive month.
#YonhapInfomax #Employment #YouthUnemployment #Construction #Manufacturing #NationalDataOffice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104860South Korea's labor market saw record-high employment among those aged 60 and above in 2025, while youth employment declined sharply and the number of 30-somethings not in the labor force hit an all-time high, highlighting deepening age-based polarization.
#YonhapInfomax #EmploymentRate #YouthUnemployment #NationalDataOffice #LaborMarket #Polarization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99760
Employment Polarization by Age Deepens—Record Number of 30-Somethings 'Not in Labor Force'
South Korea's labor market saw record-high employment among those aged 60 and above in 2025, while youth employment declined sharply and the number of 30-somethings not in the labor force hit an all-time high, highlighting deepening age-based polarization.
South Korea added 168,000 jobs in December, but construction and manufacturing employment continued to decline, pushing the jobless rate to 4.1%, the second-highest on record, while the number of people in their 30s “taking a break” hit an all-time high.
#YonhapInfomax #Employment #UnemploymentRate #NationalDataOffice #Construction #YouthEmployment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99703South Korea’s industrial output rebounded 0.9% in November on strong semiconductor production, but retail sales plunged 3.3%—the steepest drop in 21 months—as the Chuseok holiday effect faded and consumer demand weakened.
#YonhapInfomax #IndustrialProduction #Semiconductor #RetailSales #NationalDataOffice #ChuseokHolidayEffect #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=97622Younger generations in South Korea are delaying marriage and childbirth, with the trend most pronounced in the Seoul metropolitan area and among low-income groups, according to new government data. Employment stability, income, and parental leave policies are key factors influencing these demographic shifts.
#YonhapInfomax #Marriage #Childbirth #NationalDataOffice #ParentalLeave #SeoulMetropolitanArea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=95717
Widening Generational Gap in Marriage and Childbirth—Delays More Pronounced in Greater Seoul and Low-Income Groups
Younger generations in South Korea are delaying marriage and childbirth, with the trend most pronounced in the Seoul metropolitan area and among low-income groups, according to new government data. Employment stability, income, and parental leave policies are key factors influencing these demographic shifts.
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