193,000 college graduates in 2030 who just took a break last month… 40% in one year

Hope Job Center in Seongdong-gu, Seoul. [연합뉴스 자료사진]

Hope Job Center in Seongdong-gu, Seoul. [연합뉴스 자료사진]

(Sejong = Yonhap News) Reporter Kwak Min-seo = Nearly 200,000 young men in their 20s and 30s who were just out of work or job search last month after graduating from a four-year college. This is a 40% increase from a year ago.

On the 27th, Yonhap News analyzed microdata from the National Statistical Office and found that 486,000 (20.7%) were college graduates out of the 2,353,000 people who had’rested’ last month.

It seems that one in five people took a break last month. The total rested last month was the largest as of November since 2003 when the statistical standards were changed.

Last month, college graduates took a break. Looking at the population by age, 106,000 people in their 20s and 87,000 people in their 30s. In their 20s and 30s, where they start their social life, 193,000 college graduates just took a break.

This is an increase of 56,000 people (40.4%) compared to the same month last year (137,000 people).

In particular, the number of people in their twenties increased by 51.6% (36,000) from 70,000 last year to 106,000 this year, surpassing 100,000.

Others were 58,000 people in their 40s, 78,000 people in their 50s, and 158,000 people over 60.

Of the 2030 who were just off last month, the total number of college graduates (193,000), graduate school graduates (7,000), and first graduates (146,000) totaled 346,000.

The inactive population refers to a person over the age of 15 who is not capable of or willing to work. Among them, a person who is classified as resting means a person who literally just took a break without preparing for employment, doing housework, or raising children.

[그래픽]  Change in number of employed and unemployed
[그래픽] Change in number of employed and unemployed

(Seoul = Yonhap News) Reporter Park Young-seok = As the impact of the novel coronavirus infection (Corona 19) continued, the number of employed fell by more than 270,000 in November.
According to the’November Employment Trend’ released by the National Statistical Office on the 16th, the number of employed people last month was 27,241,000, down 273,000 from a year ago.
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Looking at the total rested population by age, it was also counted that the number of people in their 20s increased the most.

Last month, the number of people in their 20s who took a break from a year ago increased by 88,000 (26.8%), showing the largest increase.

The number of people in their 30s increased by 39,000 (17.1%). In addition, 33,000 people (14.1%) in their 40s and 68,000 (7.7%) people over 60. Those in their 50s (-3.9%) decreased slightly.

Among the inactive population, the number of those who gave up job hunting was 631,000, an increase of 144,000 from the same month last year.

Job-seeking resignation refers to a person who has had a job search experience within the past year among those who wish to get a job and are able to get a job, but have not found a job due to labor market reasons.

Last month, among those in their 20s who gave up job hunting, 232,000 people were in their 20s and 103,000 people were in their 30s.

More than half (53.1%) of the total job seekers were young people in their 20s and 30s.

◇ Population of college graduates in their 20s and 30s by age

November 2020 November 2019 Difference Increase/decrease rate (%)
20-29 years old 105867 69837 36030 51.6
30-39 years old 87119 67629 19490 28.8
Sum 192986 137466 55520 40.4

(※ Source = Statistics Korea microdata)

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