Deputy Prime Minister Hong Nam-ki and Minister of Strategy and Finance said on the 17th that “the difficulties in the February employment market due to the third spread of the novel coronavirus infection (Corona 19) have been remarkably mitigated.”
Deputy Prime Minister Hong said on Facebook after announcing’February Employment Trends’ by the National Statistical Office. Said this. It was also mentioned that the number of seasonally adjusted employees increased by 532,000 compared to the previous month.
Deputy Prime Minister Hong explained, “The improvement in the employment market is a major factor in the rapid recovery of employment in the face-to-face service industry due to improved quarantine conditions.” It also analyzed that “the number of employment in the manufacturing industry improved for two consecutive months due to improved exports, and the job situation in the market is improving, and the government’s job project is also launched in earnest, contributing to the relief of employment difficulties,” he analyzed.
He added, “Considering the initiation of vaccination, easing quarantine distancing, continued export improvement, and the base impact of last March’s employment shock, the employment index improvement trend is expected to continue in March.” However, as the quarantine risk continues, with the number of corona19 confirmed at the level of 300 to 400, the government also said that it would make policy efforts to improve the job market and job conditions faster while maintaining a sense of quarantine tension.
However, some criticizes that it is too early to say an improvement on the interpretation of Hong’s interpretation. It is evaluated that the job market is improving, compared to January, when the worst job shock came in a situation where the number of employed fell by 470,000 people this month.
Reporter Kang Jin-kyu [email protected]
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