Korea Economic Research Institute announces survey results for top 500 companies in sales
Ranked 1st in employment stiffness in’domestic and foreign economy and industry economic slowdown’ (51.1%)
With the prolonged Corona 19, the economy is showing a recovery trend to some extent, but the youth employment market has been found to remain frozen.
According to the results of a survey conducted by the Korea Economic Research Institute under the National Federation of Entrepreneurs of Korea through research and research, a survey of 500 companies with sales in the first half of 2021, 63.6% of respondents did not hire even one during the first half of this year. Or did not establish a hiring plan
Considering that the proportion of responding companies in the survey conducted in March last year was 8.8% and 32.5%, respectively, an analysis that the job market was worse than last year is also coming out.
The reason why companies suggested that they would not hire new recruits or increase the size of recruitment in the first half of the year was’slow domestic and foreign economy and industry economy’ (51.1%) ranked first.
This was followed by’employment rigidity’ (12.8%),’difficulty securing suitable talents for necessary jobs’ (10.6%), and’increased labor costs such as raising the minimum wage’ (8.5%).
As a policy that the government and the National Assembly should promote in order to increase the recruitment of new college graduates, the most respondents responded that’business regulation easing’ (35.2%).
Next,’Expanding incentives for companies with increased employment’ (24.0%),’Support for fostering new industry growth engines’ (21.1%), and’Improvement of the dual structure of the labor market focused on regular workers and unions’ (10.3%).
In addition, when asking about the trend of the recruitment market, 29.1% cited the increase in the proportion of frequent recruitment (29.1%). Some respondents were’Strengthening career recruitment’ (20.3%),’Increase in the introduction of non-face-to-face employment (19.1%) and’Increase in new hiring using artificial intelligence (AI)’ (13.9%).
According to an official from Han Kyung-yeon, only half (50.0%) of the companies that set up a new hiring plan for the first half of this year had similar hiring sizes as last year. Compared to last year, 30.0% of companies plan to increase hiring and 20.0% of companies want to reduce.
Companies responding to this survey showed great interest in recruiting at any time. 76.4% of respondents said they would use occasional hiring in new hiring, an increase of 9.7 percentage points from the same period last year.
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