Last Year's 4Q Wage Worker Jobs Increased by 592,000... "Only 30s Decreased"

[Asia Economy Reporter Kwangho Lee] In the fourth quarter of last year, wage worker jobs increased by 592,000 after a year. However, the increase in health and social welfare jobs, driven by public job projects, remained prominent.

According to the '2019 Fourth Quarter Wage Worker Job Trends' data released by Statistics Korea on the 28th, the total number of wage worker jobs in the fourth quarter of last year was 19,086,000.

Among these, continuous jobs accounted for 12,992,000 (68.1%), replacement jobs due to job changes or retirements were 3,139,000 (16.4%), and new jobs created by company establishments were 2,956,000 (15.5%). The number of jobs lost due to company closures or business downsizing was 2,363,000.

By age group, wage jobs for those aged 60 and over increased by 303,000, and for those in their 50s, by 209,000.

For those under 20, jobs increased by 60,000, and for those in their 40s, by 44,000. In contrast, jobs for those in their 30s decreased by 24,000.

By major industry category, increases were seen in health and social welfare (161,000), public administration (94,000), and wholesale and retail trade (70,000). Manufacturing decreased by 13,000.

Specifically, increases were observed in social welfare services (106,000), health services (55,000), wholesale trade (41,000), and retail trade excluding automobiles (28,000).

Manufacturing, which has the largest share of jobs, saw increases in food products (15,000), but decreases in textile products (-9,000), rubber and plastics (-5,000), and machinery equipment (-5,000).

This content was produced with the assistance of AI translation services.