Friday, May 15, 2009

[IWS] KOREA: INDUSTRIAL RELATIONS & LABOR MARKET TRENDS [15 May 2009]

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
e-Labor News
No. 89


Industrial Relations and Labor Market Trends [15 May 2009]
https://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/view_trends.asp?seq=96&rseq=267&tseq=77

Contents include --             
Employment
Wages and Hours of Work
Industrial Relations
 
Total Employment and Labor Force

The labor force was at 23,667,000 in February 2009, 36,000 (-0.2%) less than a year earlier. By gender, the male labor force rose by 70,000 (0.5%) to 13,975,000, while the female labor force fell by 106,000 (-1.1%) to 9,692,000.

The labor force participation rate stood at 59.3% in February 2009, a drop of 0.8 percentage points from a year ago.

The employment rate was at 57.0% in February 2009, a drop of 1.0 percentage points from a year earlier. By gender, the employment rate for men decreased by 1.0 percentage points to 68.5%, and the rate for women decreased by 1.1 percentage points to 46.0%.

Total employment, at 22,742,000 in February 2009, was 142,000 (-0.6%) lower than a year earlier. By gender, male employment fell by 2,000 (0.0%) to 13,367,000, and female employment by 139,000 (-1.5%) to 9,375,000.


Unemployment

The number of unemployed in February 2009 was 924,000, an increase of 106,000 (12.9%) from a year ago. The unemployment rate stood at 3.9% in February 2009, an increase of 0.4 percentage points from a year earlier.

AND MUCH MORE...including TABLES....


______________________________
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.

****************************************
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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