SEOUL, 21st May, 2025 (WAM) -- The Republic of Korea added 153,000 wage jobs in the fourth quarter of 2024 from a year earlier, though job growth slowed, and youth employment continued to decline, government data showed Wednesday.
The number of paid employee positions stood at 20.9 million as of November 2024, according to the data from Statistics Korea.
According to Yonhap News Agency, wage job growth has continued on a downward trend, with the fourth-quarter gain sharply lower than the 246,000 jobs added in the previous quarter.
The modest increase was mainly driven by employment growth in the health and social welfare sectors, as well as in associations, repairs and personal services.