Key facts
- Temporary and daily jobs in South Korea fell to 5.73 million in Q3.
- This is the lowest third-quarter figure since 1995.
The number of temporary and daily workers in South Korea fell to its lowest third-quarter level in 31 years, dropping by 95,000 from a year earlier to 5.73 million in the July-September period. The decline was largely attributed to a prolonged construction slump, with daily construction workers seeing a significant decrease.
The significant drop in temporary and daily employment in South Korea, particularly in sectors like construction and accommodation, signals a weakening labor market and potential economic headwinds.
The number of temporary and daily workers in South Korea decreased by 95,000 from the previous year to 5.73 million during the third quarter, reaching its lowest point in 31 years. This decline is largely attributed to a prolonged slump in the construction sector. The data, released by the Ministry of Data and Statistics, also indicated a record third-quarter low for daily workers, falling to 833,000.
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