Major Statistics

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1. Economically Active Population Survey

graph

(in thousand persons, %)

Economically Active Population Survey
  2014 2015 2016 2017 2018
Economically
active population
26,836 27,153 27,418 27,748 27,895
Participation rate 62.7 62.8 62.9 63.2 63.1
No. of employed 25,897 26,178 26,409 26,725 26,822
Employment Rate1) 60.5 60.5 60.6 60.8 60.7
- Male 71.7 71.4 71.2 71.2 70.8
- Female 49.7 50.1 50.3 50.8 50.9
- Youth2) 40.5 41.2 41.7 42.1 42.7
- Aged3) 65.8 66.0 66.2 67.5 66.8
Employment Rate
(OECD standard)4)
65.6 65.9 66.1 66.6 -
- Male 76.0 75.9 75.9 76.3 -
- Female 55.0 55.7 56.1 56.9 -

※ Statistics Korea published a revised time series data of employment statistics(2007~December 2017). Accordingly, all values of employment index in the Economically Active Population Survey have been revised since July 2007.

1) Employment rate = (employed persons aged 15 and over/population aged 15 and over)x100
2) Youth : people aged 15~29
3) Aged : people aged 55~64
4) Employment Rate(OECD standard) = (employed people aged 15~64/population aged 15~64)x100

Source : Statistics Korea(www.kosis.kr) [Economically Active Population Survey]

2. Wage & Working Hours

(1) Minimum Wage

(per hour, in won, %, in thousand persons)

Minimum Wage
  2014 2015 2016 2017 2018 2019
Minimum Wage 5,210 5,580 6,030 6,470 7,530 8,350
Increase Rate
(year-on-year)
7.2 7.1 8.1 7.3 16.4 10.9
No. of Workers applied 17,734 18,240 18,776 19,312 19,627 20,006

(2) Survey on Wages

(per month, in thousand won, %)

Survey on Wages
  2014 2015 2016 2017 2018
Nominal wage 2,904 (2.4) 2,991 (3.0) 3,106 (3.8) 3,207 (3.3) 3,376 (5.3)
Real wage 2,925 (1.1) 2,991 (2.3) 3,076 (2.8) 3,116 (1.3) 3,232 (3.7)
Consumer price index 99.30(1.3) 100(0.7) 100.97(1.0) 102.93(1.9) 104.45(1.5)

1) Figures in ( ) are year-on-year increase rates.
2) Real wage = (nominal wage/consumer price index) x 100

(3) Working Hours at Establishments

(in hour, per month, %)

Working Hours at Establishments
  2014 2015 2016 2017 2018
All employees 170.6 (-1.2) 171.5 (0.5) 169.4 (-1.2) 166.3 (-1.8) 163.9 (-1.4)
Regular employees Total hours 177.4 (-0.9) 178.7 (0.7) 177.1 (-0.9) 173.3 (-2.1) 171.2 (-1.2)
Contractual hours of work 166.4 (-1.2) 167.9 (0.9) 166.4 (-0.9) 163.2 (-1.9) 161.6 (-1.0)
Overtime hours 11.0 (4.8) 10.8 (-1.8) 10.7 (-0.9) 10.1 (-5.6) 9.5 (-5.9)
Temporary&daily employees 117.6 (-4.7) 113.7 (-3.3) 107.2 (-5.7) 104.7 (-2.3) 98.6 (-5.8)

Note :Figures in ( ) are year-on-year increase rates.
Source : Ministry of the Employment and Labor(laborstat.moel.go.kr)

3. Labor Dispute

(in case, day)

Labor Dispute
  2014 2015 2016 2017 2018
No. of Disputes 111 105 120 101 101
No. of Illegal Disputes 7 4 5 3 3
No. of Work Days Lost 650,924 446,852 2,034,751 861,783 861,783

Note :The number of disputes were calculated on the basis of bargaining unit.
Source : Ministry of Employment and Labor(www.moel.go.kr)

4. Coverage of Employment Insurance

(1) Number of Insured Persons under Employment Insurance

(in each, thousand persons)

Number of Insured Persons under Employment Insurance
  2014 2015 2016 2017 2018
No. of covered establishments 1,935 2,107 2,175 2,211 2,308
No. of InsuredPersons 11,931 12,363 12,655 12,959 13,432

Note :The numbers are year-end/month-end figures.
Source : Ministry of Employment and Labor(www.moel.go.kr)

(2) Number of Recipients of Unemployment Benefit and Amount Paid


(in thousand persons, in billion won, %)

Number of Recipients of Unemployment Benefit and Amount Paid
  2014 2015 2016 2017 2018
No. of new applicants 974 955 958 944 1,067
No. of recipients 1,251 1,271 1,278 1,272 1,391
Amount of benefits paid 4,153 4,544 4,890 5,239 6,684

Source : Ministry of Employment and Labor(www.moel.go.kr)

5. Industrial Accident

(in person, %)

Industrial Accident
  2013 2014 2015 2016 2017
No. of employees (in thousand) 15,449 17,062 17,969 18,432 18,560
No. of the injured 91,824 90,909 90,129 90,656 89,848
No. of deaths 1,929 1,850 1,810 1,777 1,957
Accident rate(%) 0.59 0.53 0.50 0.49 0.48
No. of deaths per 10,000 people 1.25 1.08 1.01 0.96 1.05

Source : Ministry of Employment and Labor(www.moel.go.kr)

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