hello? This is Gong Mi-sook, director of the Social Statistics Bureau of Statistics Korea.
From now on, I will tell you about the results of the employment trend for May 2022.
First page, a full summary.
According to the OECD comparative standard, the employment rate of those aged 15 to 64 was 69.2%, up 2.3%p from the same month of the previous year, and the youth employment rate was 47.8%, up 3.4%p from the same month of the previous year.
The unemployment rate was 3.0%, down 1.0%p from the same month of the previous year, and the youth unemployment rate was 7.2%, down 2.1%p from the same month last year.
The number of employed people was 28,485,000, an increase of 935,000 from the same month of the previous year.
The employment rate for those aged 15 to 64 rose by 2.3%p from the same month of the previous year, rising in all age groups.
Next is page 2.
By industry, the number of employed persons increased in health and social welfare services, agriculture, forestry and fisheries, transportation and warehousing, but decreased in wholesale and retail, finance and insurance industries compared to the same month last year.
By occupational status, among wage workers, regular workers increased by 900,000 and temporary workers by 79,000, respectively, but daily workers decreased by 91,000.
Among non-wage workers, the number of self-employed workers with employees increased by 65,000 and those without employees by 45,000, respectively, but the number of unpaid family workers decreased by 64,000.
Unemployment decreased by 259,000 people in all age groups compared to the same month last year.
The economically inactive population increased in the elderly, but decreased by 480,000 compared to the same month of the previous year due to a decrease in rest, attendance, and attendance.
Here is page 7, the main text.
Looking at the population aged 15 and over and the economically active population, in May 2022, the population aged 15 and over was 45,245,000, an increase of 196,000 from the same month of the previous year. increased.
It’s page 8.
The labor force participation rate was 64.9%, up 1.2%p from the same month of the previous year.
The next page is the employment trends on page 9.
In May 2022, the number of employed people aged 15 and over reached 28,485,000, an increase of 935,000 from the same month of the previous year, and the employment rate was 63%, up 1.8%p from the same month of the previous year.
The employment rate for those aged 15-64 was 69.2%, up 2.3%p from the same month of the previous year.
It’s page 10.
Looking at the year-on-year increase or decrease in the number of employed by age group, there was an increase in all age groups, including 459,000 people in their 60s and over, 239,000 people in their 50s, and 185,000 people in their 20s.
The employment rate has risen for all age groups, including those in their 20s, 50s, and 60s.
It’s page 12.
Looking at the increase and decrease in the number of employed by occupation compared to the same month of the previous year, there was an increase in experts and related workers, service workers, and office workers, but decreased in sales workers.
It’s page 13.
Looking at the increase and decrease of the number of employed by working hours from the same month of the previous year, the number of those employed over 36 hours increased by 1102,000 to 22,242,000, but the number of those employed for less than 36 hours decreased by 139,000 to 5,848,000.
The average working hours per week was 39.8 hours, an increase of 0.3 hours from the same month of the previous year.
Next, page 14, is the unemployment trend.
The number of unemployed in May 2022 was 889,000, a decrease of 259,000 from the same month of the previous year, and the unemployment rate was 3%, down 1 percentage point from the same month last year.
15 pages.
When looking at the increase and decrease of the unemployed by age group compared to the same month last year, it decreased for all age groups, including those in their 50s, 20s, and 60s and over.
Looking at the increase and decrease of the unemployment rate by education level compared to the same month of the previous year, it decreased by 1.4%p for high school graduates, 1%p for middle school graduates or less, and 0.7%p for college graduates and above.
It is page 16.
For the unemployed by past work experience, the number of unemployed with no work experience was 47,000, a decrease of 19,000 from the same month of the previous year, and the number of unemployed with work experience was 843,000, a decrease of 240,000 from the same month of the previous year.
The following is the economically inactive population.
The economically inactive population in May 2022 was 15,871,000, a decrease of 480,000 from the same month of the previous year.
It’s page 18.
Among the economically inactive population, the number of ‘rested’ by age group decreased compared to the same month of the previous year, in those in their 60s, 50s, and 20s.
The number of people who gave up looking for a job was 424,000, a decrease of 188,000 from the same month of the previous year.
The following is on page 19, Employment Support Indicators.
In May 2022, the overall employment assistance index 3 was 10.7%, down 2.8%p from the same month of the previous year, and the employment assistance index for youth 3 was 19.8%, down 4.5%p from the same month of the previous year.
After the explanation above, if you have any questions, we will answer them.
If you don’t have any questions, I’ll give you a general review and finish.
As for the employment trend in May 2022, the number of employed increased due to the improvement of face-to-face industries following the recovery of daily life, and the number of unemployed and economically inactive population decreased.
The number of employed people increased by 935,000 compared to the same month of the previous year. By industry, health and welfare, agriculture, forestry and fishery, transportation and warehousing led the increase. increased in age groups.
The seasonally adjusted employment increased from the previous month.
The number of unemployed decreased by 259,000 from the same month of the previous year as the number of unemployed decreased by all age groups, and the economically inactive population decreased by 480,000 from the same month of the previous year due to the increase in the number of employed people.
Let’s finish this above.