Over half of large firms to hire new workers this year: survey

SEOUL, More than half of large South Korean companies plan to recruit employees this year, while only three out of 10 smaller firm are thinking of increasing their payrolls, a poll said Thursday.

According to the survey by Incruit, a local online job placement portal, 36 percent of the 646 companies said that they want to hire new workers this year.

By company size, some 64 percent of large firms says that they have finalized plans to hire new workers this year. But only 27 percent of the smaller firms responded that they are going to take on new employees this year.

Some 44 percent of the surveyed firms say that they are considering increasing payrolls this year.

Some 56 percent said that their hiring would be similar to last year's, according to the survey.

The survey came as more South Koreans didn't have jobs in 2018.

Last year, South Korea's unemployment rate stood at 3.8 percent, its highest level since 2001, when the corresponding figure was 4 percent.

Source: Yonhap News Agency

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