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Last month, the number of workers in companies with more than one person decreased by 40,000. After the spread of the new coronavirus infection (Corona 19), the decline was the lowest. New recruits also increased by 12.9%. However, experts say it is difficult to see that private jobs are alive. This is because the increase occurred mainly in the public employment sector and in day and temporary jobs.
According to the ‘October Business Labor Force Survey’ published by the Ministry of Employment and Labor on the 30th, the number of workers in companies with more than one person last month was 18.74,000, 40,000 less (0.2% ) Compared to the same period of the previous year. The drop in the number of workers gradually slowed after hitting a low (-365,000 people) in April, when the spread of Corona 19 began in earnest, reaching its lowest level last month.
Private jobs, how difficult it is
Looking at the rise and fall of the total number of workers, the labor market appears to be booming, but the private work environment is not yet easy. The number of permanent workers whose employment contract period exceeds one year decreased by 1.4% (-228,000 people), and other workers such as workers with special employment (special baccalaureate) also decreased by 4.1% (-48,000 people). Only non-permanent workers, including temporary and daily workers, increased by 12.9% (236,000).
The number of workers in the manufacturing industry, the flagship industry, also decreased by 2.1% (-79,000). The decline in manufacturing workers was the largest since the crown was extended. Accommodation and catering businesses that were directly affected by social distancing also decreased by 12.6% (-162,000 people). The industries with the highest number of workers were sectors with a great impact on short-term public employment projects such as public administration, national defense and the administration of social security (27.2%, 209,000 people), and the service industries of health and social welfare (5.3%, 97,000 people).
The number of new hires increased to 12.9% in double digits, but mainly non-regular workers. The number of permanent workers increased slightly by 3.2% (9,000), while temporary and daily jobs increased sharply to 19.1% (89,000). By branches of activity, there was an increase in the construction industry (42,000 people) and the public administration, defense and social security administration (23,000 people), but in the hotel and restaurant business (-12,000 people), and management of commercial facilities and rental services (-6,000 people). , Decreased in manufacturing (-1000 people).
Will a massive restructuring occur?
The government predicted that the labor situation would worsen from this month, when the tendency to spread the crown increased considerably. However, the possibility of a large-scale job restructuring situation is not very high at this time.
Kwon Ki-seop, head of the employment policy department of the Ministry of Employment, said: “As social distancing in the metropolitan area rises to the second stage, there will be restrictions on the recovery of employment in the face-to-face service industry. “. “There will be no large-scale restructurings until the end of this year.”
“I need to encourage employment-generating companies”
Experts urge not only financial support, such as public employment projects and subsidies for job maintenance, but also urgently prepare the necessary measures to restore private jobs. Kim Dong-won, a former economics professor at Korea University, said: “Finance was brought in as a welcome to revitalize private jobs, but the effect is not looking good.” “It is necessary to take active measures to provide tax benefits to companies that took risks and started hiring.” Indicated.
Sejong = Reporter Kim Do-yeon [email protected]
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