Wednesday, December 20, 2006

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[IWS] KLI: [Korea] LABOR TRENDS [20 December 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Korea Labor Institute (KLI)
e-Labor News

[Korea] LABOR TRENDS [20 December 2006]
http://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/view_trends.asp?seq=66&rseq=88&tseq=49


Total Employment and Labor Force

The labor force was at 24,253 thousands in October 2006, 197 thousands(0.8%) higher than a year ago. By gender, male labor force rose by 114 thousands(0.8%) to 14,064 thousands, and female labor force by 83 thousands(0.8%) to 10,189 thousands.

The labor force participation rate stood at 62.4% in October 2006, a decrease of 0.1 percentage point from a year earlier.

The employment rate was at 60.4% in October 2006, a rise of 0.1 percentage point from a year ago. By gender, employment rate for men dropped by 0.1 percentage point to 71.6%, while the rate for women rose by 0.3 percentage points to 49.7%. These figures indicate that the employment rate for women has continued to rise, while the rate for men has began to drop again.

Total employment, at 23,463 thousands in October 2006, was 278 thousands(1.2%) higher than a year earlier. By gender, male employment rose by 133 thousands(1.0%) to 13,552 thousands, and female employment by 145 thousands(1.5%) to 9,912 thousands.

Unemployment

The number of the unemployed in October 2006 was 789 thousands, a drop of 81 thousands(-9.3%) from a year ago. The unemployment rate stood at 3.3% in October 2006, a drop of 0.3 percentage points from a year earlier.

AND MUCH MORE...including CHARTS & TABLES....
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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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