Number of Regular Employees Declines for First Time in Three Years l KBS WORLD

The variety of common employees has decreased for the primary time in three years, with nonregular employees now making up the second-highest proportion of the entire on file.

In response to Statistics Korea on Tuesday, the variety of common employees stood at 13-point-685 million, representing a lower of 147-thousand from a yr earlier, the primary on-year decline since August 2021.

The variety of nonregular employees, alternatively, stood at eight-point-46 million, up 337-thousand from the identical month final yr.

On the similar time, the proportion of nonregular employees amongst all wage earners rose by one-point-two proportion factors from a yr earlier to 38-point-two %, the second-highest determine on file.

Statistics Korea defined that the variety of common employees decreased in industries comparable to manufacturing, building, retail and wholesale, and lodging and meals providers, sectors which have seen an general decline in whole employment not too long ago.