2023-03-08 10:33
Korean companies cut back on hiring, prefer old newbies
Job seekers look through job postings on a bulletin board at a job fair in Seocho District, southern Seoul, on March 2. [NEWS1] The terrible job market is set to remain that way as a majority of Korean companies say they have no plans to hire new graduates. Of 126 large Korean companies, 45.2 percent said they will hire new recruits in the first half, according to a report released by the Federation of Korean Industries (FKI) on Tuesday. Research & Research, the firm that carried out the survey, requested Korea's largest 500 companies in terms of sales to answer the survey, and 126 did so between Feb.

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