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S. Korea's public jobs account for 8.9 pct of labor market in 2015

All Headlines 12:00 June 13, 2017

SEJONG, June 13 (Yonhap) -- Jobs offered by South Korean government agencies and state-funded corporations accounted for less than 10 percent of the country's labor market, government data showed Tuesday, amid President Moon Jae-in's call for expanding public employments.

A total of 2.34 million people were employed by the public sector, including the central and provincial governments and state-run financial and non-financial firms in 2015, accounting for 8.9 percent of the entire hirings, according to the data by Statistics Korea.

Government ministries and agencies had 1.99 million employees in 2015, equal to 7.6 percent of the total.

The number of public jobs in 2015 increased by 28,000 from 2.31 million tallied in the previous year.

Some 86.3 percent of the public workers retained their posts in 2014 and 2015, while 13.7 percent of them were replaced by new faces after retirement or quitting.

By gender, men occupied 55.7 percent of all public positions, or 1.3 million, in 2015, compared with 59.1 percent in the entire job market.

The public sector's role in creating jobs has been at the heart of media attention since President Moon pledged to create 810,000 public jobs over the next five years.

He said the public sector should take the initiative in creating jobs as the private sector has failed to generate jobs and fuel economic development in the past few years.

His government came up with the 11 trillion-won (US$9.74 billion) extra budget proposal, just a fraction of the 400 trillion-won state budget for 2017, as a fiscal tool to create 110,000 new jobs by the end of 2017 and help small and medium-sized firms hire more young people.

brk@yna.co.kr
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