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State-run firms fail to meet new recruit hiring guidelines in 2016: data

All News 10:40 June 26, 2017

SEOUL, June 26 (Yonhap) -- Only one in five state-owned companies would have met the new government requirement of hiring more than 30 percent of new recruits from residents of their host cities last year, government data showed Monday.

The new requirement set by the Moon Jae-in government aims to get public enterprises to take root in provincial cities where they have moved. Many companies relocated their headquarters away from Seoul as part of the liberal Roh Moo-hyun administration's innovative town project a decade ago.

Examination of hiring data showed only 16 of 76, or 21.1 percent, of state-funded enterprises would have met the new government's requirement last year, the government portal All Public Information in One (ALIO) showed.

The Korea Media Rating Board (KMRB) in the southeastern port city of Busan topped the list with the employment of four local residents of the five new people hired, or 80 percent.

The Korea Foundation for the Promotion of Private School in the southeastern provincial city of Daegu came in second with 61.5 percent, followed by the Korea Housing & Urban Guarantee Corp. in Busan at 53.3 percent and the Game Rating and Administration Committee in Busan at 50.0 percent.

Among other public institutions which would have satisfied the government requirement are the Korea Foundation for Human Tissue Donation (46.2 percent), the Korea Education and Research Information Service (46.2 percent), the Korea Radioactive Waste Agency (40.9 percent) and the Korea Appraisal Board (37.8 percent).

The comparable figures for the Korean Red Cross were 4.8 percent, the Korea National Tourism Organization 6.7 percent, the Korea Hydro & Nuclear Power Corp. 18.7 percent, the Korea Electric Power Corp. 8.8 percent and the National Pension Service 16.2 percent, the latest findings showed.

In this file photo, students attend a public institutions job fair at Gyeongsang National University in Jinju, South Gyeongsang Province, on June 4, 2017. (Yonhap)


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