emirates7 - According to government data released on Wednesday, the Republic of Korea saw an increase of 153,000 wage jobs in the fourth quarter of 2024 compared to the same period a year earlier. However, the pace of job growth has slowed, and youth employment has continued to decline.

Statistics Korea reported that the total number of wage-earning positions reached 20.9 million as of November 2024.

As noted by Yonhap News Agency, the trend of slowing job growth persisted, with the fourth-quarter figure falling significantly short of the 246,000 jobs added in the previous quarter.

The limited rise in employment was largely supported by gains in the health and social welfare sectors, along with growth in associations, repair services, and personal care industries.