Job 'Entry and Mobility' Highest Among Under 30s, 'Retention' Highest Among 40s

Statistics Korea, Results of the '2018 Job Mobility Statistics'

Registered Employed Persons 23.837 Million... 2% Increase Year-on-Year
Under 30 Entry Rate 31.5% · Mobility Rate 21.7% Highest
Retention Rate in Order of '40s - 50s - 30s'

[Sejong=Asia Economy Reporter Joo Sang-don] The age group that newly entered or moved jobs the most was under 30, and the highest job retention rate was found in the 40s age group.

Statistics Korea announced the '2018 Job Mobility Statistics' containing this information on the 24th. The job mobility statistics, created for the first time this year using administrative data (30 types) such as social insurance, tax data, and pension data, aim to provide basic data necessary for employment and future job support policies by comprehensively understanding workers' job mobility paths.

According to this, the total number of registered employed persons in 2018 was 23.837 million, an increase of 459,000 (2.0%) from 23.379 million in 2017.

The number of entrants registered in 2018 who were unregistered in 2017 was 3.892 million (16.3%), those who retained the same company between 2017 and 2018 were 16.001 million (67.1%), and those who moved between companies were 3.944 million (16.5%).

The entry rate for main jobs in 2018 was higher for women (19.9%) than men (13.7%), while men had higher retention (69.1%) and mobility rates (17.2%) than women.

The entry rate (31.5%) and mobility rate (21.7%) for those under 30 were higher compared to other age groups, and the job retention rates were highest in the 40s (74.1%), followed by the 50s (72.1%) and 30s (71.8%).

The retention rate for main jobs in 2018 was highest in government and non-corporate organizations (78.3%), the entry rate was highest in individual enterprises (20.1%), and the mobility rate was highest in corporate companies (20.6%).

Among industries with over one million registered employed persons, the job mobility rate was highest in construction (35.4%), retention rate highest in public administration (81.3%), and entry rate highest in accommodation and food services (29.9%).

By company size, the mobility rate from large companies in 2017 to large companies in 2018 was 35.5%, and to small and medium enterprises (SMEs) was 57.3%. Mobility between SMEs was 83.4%, and from SMEs to large companies was 9.4%.

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