Statistics Korea

[Economically active population and labor force participation rate] ◦ The economically active population marked 29.365 million persons in August, which grew 114 thousand persons or 0.4% year-on-year. ◦ The labor force participation rate stood at 64.4% in August, remaining the s...

Sep 11,2024

Ministry of Oceans and Fisheries

-Providing stable logistics services at low cost to Korean small- and medium-sized enterprises (SMEs) The Ministry of Oceans and Fisheries (MOF) and Busan Port Authority announced that they will open a public-private joint logistics center near the Port of Los Angeles and ...

Sep 11,2024

Ministry of Economy and Finance

Statistics Korea released report on the 'Economically active population survey' on September 11, 2024. The economically active population marked 29.365 million persons in August, which grew 114 thousand persons or 0.4% year-on-year. Please refer to the attached PDF.

Sep 11,2024

Financial Services Commission

In August 2024, the outstanding balance of household loans across all financial sectors rose KRW9.8 trillion (preliminary), growing at a steep pace compared with the previous month (up KRW5.2 trillion). * Change (in trillion KRW, m-o-m): -4.9 (Mar 2024), +4.1 (Apr), +5.3 (Ma...

Sep 11,2024

Ministry of Economy and Finance

In August 2024, the employment rate for those aged 15 and above reached 63.2 % (+0.1%p), and labor force participation rates reached 64.4% (+0.0%p), both recording the highest level ever. Meanwhile, the unemployment rate saw a historic low of 1.9% (-0.1 %p).   * Employment Indica...

Sep 11,2024

Ministry of Foreign Affairs

The REAIM Summit 2024, co-organized by the Republic of Korea Ministry of Foreign Affairs (MOFA) and Ministry of National Defense (MND), ended in a success after a two-day run from September 9 to 10, 2024.The ministerial roundtable on Tuesday, September 10, which Minister of Forei...

Sep 10,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) held the 2024 ‘Fabless Challenge’ award ceremony on the September 6 at the Four Seasons Hotel in Seoul, attended by over 80 participants, including domestic assembly manufacturing companies (foundries), earl...

Sep 10,2024

Ministry of SMEs and Startups

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) has launched a project aimed at connecting the recruitment of 200 outstanding software developers from India to support SMEs and venture businesses struggling to hire and retain skilled software personnel. This marks th...

Sep 10,2024

Ministry of Agriculture, Food and Rural Affairs

S. Korea and Ireland Inked LoI on Cooperationfor Transition to Sustainable Farming SystemsSejong, 10 September 2024 — On 6 September, H.E. PARK Beomsu, ViceMinister of Agriculture, Food and Rural Affairs of the Republic of Korea, andH.E. Charlie McConalogue, Minister for Agricult...

Sep 10,2024

Ministry of Foreign Affairs

The REAIM Summit 2024, co-organized by the Ministry of Foreign Affairs (MOFA) and the Ministry of National Defense (MND) of the Republic of Korea, kicked off with the opening session on September 9.* The attendees included the Minister of Foreign Affairs Cho Tae-yul, Minister of ...

Sep 09,2024