Illustration depicting South Korea's 2025 job growth with seniors securing employment at a Seoul job fair, contrasted by empty factories and construction sites amid sluggish sectors.
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South Korea adds 193,000 jobs in 2025 amid sluggish manufacturing, construction

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South Korea added 193,000 jobs in 2025, maintaining year-on-year employment growth at the 100,000 level for the second straight year despite ongoing losses in manufacturing and construction. Data from the Ministry of Data and Statistics showed the number of employed people rose 0.7 percent to 28.77 million from a year earlier. While youth employment remained sluggish, jobs for those aged 60 and older saw the largest increase.

South Korea's employment landscape in 2025 continued the slowdown seen since the post-pandemic boom. According to data from the Ministry of Data and Statistics, the number of employed people rose by 193,000, or 0.7 percent, to 28.77 million year-on-year. This follows robust growth of 816,000 jobs in 2022—the largest in 22 years—before easing to 327,000 in 2023 and just 159,000 in 2024.

Sector-wise, construction lost 125,000 jobs amid a prolonged downturn, the biggest decline since industrial classifications were revised in 2013. Manufacturing, the economy's backbone, shed 73,000 positions, the largest drop since 81,000 were cut in 2019. Agriculture, forestry, and fisheries also lost 107,000 jobs.

In contrast, health and social welfare services added 237,000 jobs, reaching a record 3.18 million workers. Professional, scientific, and technical services gained 54,000, while financial and insurance services added 44,000.

By age, employment for those 60 and older surged by 345,000, the highest among all groups. Jobs for people in their 20s fell by 170,000, partly due to a shrinking population in that cohort. The number of people out of work but categorized as "taking a break" rose by 88,000 to 2.56 million, with 309,000 in their 30s—the highest since records began in 2003.

"In the past, many in their 30s left the workforce for child care or household duties due to marriage or childbirth, but today, more are categorized as taking a break," said Bin Hyun-joon, a ministry official. He noted that hiring for experienced roles and ad hoc practices disadvantage young job seekers.

The employment rate for those aged 15 and older edged up 0.2 percentage points to 62.9 percent, while for ages 15-64 it rose 0.3 points to 69.8 percent. In December, jobs grew by 168,000 year-on-year, down sharply from November's 225,000 and the smallest increase since August's 166,000.

ሰዎች ምን እያሉ ነው

Discussions on X acknowledge South Korea's addition of 193,000 jobs in 2025, marking the second straight year above 100,000, but express skepticism over structural issues: significant losses in manufacturing and construction, stagnant youth employment with rising unemployment rates, and job gains concentrated among those aged 60 and older. Some users criticize policy impacts on construction and highlight imbalances despite record employment rates.

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Photo illustrating South Korea's October job gains amid weak youth employment, with young job seekers appearing frustrated and older adults employed.
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South Korea adds 193,000 jobs in October; youth employment remains weak

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South Korea added 193,000 jobs in October, bringing the total employed to 29.04 million, but youth employment declined sharply. Manufacturing and construction sectors continued to lose positions, while hiring among older adults drove the overall gains. Officials noted ongoing challenges for young job seekers.

South Korea added 225,000 jobs in November, bringing total employment to 29.05 million and continuing the recovery trend this year. However, youth employment fell for the 19th consecutive month, while manufacturing and construction sectors saw ongoing declines. The unemployment rate held steady at 2.2 percent, underscoring challenges for young job seekers.

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The employment rate for people in their 20s fell in 2025 for the first time in five years, due to a shrinking population and a weak job market. Data from the Ministry of Data and Statistics showed the rate at 60.2 percent, down 0.8 percentage points from the previous year—the first decline since 2020. The number of employed youths totaled 3.44 million, a drop of 170,000.

Major global investment banks have upgraded their forecasts for South Korea's 2026 economic growth. Citing an upcycle in the global semiconductor industry, the average outlook now stands at 2.1%. This is more optimistic than the Bank of Korea's 1.8% projection and the government's 2% forecast.

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An Asia-based economic surveillance organization has projected that South Korea's economy will expand by 1.9 percent next year, supported by growth momentum that began earlier this year. The assessment came in a report following its annual consultation with the South Korean government this month. Growth is expected to accelerate from 1 percent in 2025.

A survey by the Korea Hana Foundation shows that 81% of North Korean defectors settled in South Korea are satisfied with their lives. This marks the highest rate since records began in 2011, reflecting improvements in their economic conditions. Employment and economic participation rates have also risen, indicating growing stability for defectors.

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Amid ongoing global trade uncertainties, South Korea plans to counter economic challenges in 2026 by capitalizing on the artificial intelligence boom and its semiconductor sector. Experts highlight robust exports and a U.S. tariff deal as growth drivers, while pointing to Chinese competition and weak domestic demand as key risks.

 

 

 

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