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The Gachon Herald
Deteriorating job market makes workers concernedNational
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Updated : 2013.02.25  15:18:29
Æ®À§ÅÍ ÆäÀ̽ººÏ ¹ÌÅõµ¥ÀÌ ¿äÁò ³×À̹ö ±¸±Û msn

[1]Deteriorating job market makes workers concerned

  Nearly 2.66 million workers [2]left employment at least once last year and 24 percent of them did so because they were fired, according to a Statistics Korea report Sunday. This [3]highlights the country’s [4]dismal job market where permanent contracts are increasingly scarce.
  The findings come at a time when [5]President-elect Park Geun-hye is [6]under increasing pressure to prevent large companies, including Korea’s family-owned [7]conglomerates or chaebol, from shedding too many people from their payrolls [8]in the face of further economic uncertainty.
  The increasing number of people being [9]sidelined from the labor market, highlighted by rising unemployment and the increasing number of people [10]forced to start their own business, is now seen as a [11]considerable threat to the country’s [12]financial stability . Boosting income more broadly is critical when the [13]household debt mountain essentially matches an entire year’s [14]gross domestic product .
  The statistics office counts about 700,000 people as officially unemployed. However, when adding those who have given up looking for work, the number could be closer to 4 million, according to economists.
  The government perceives those who remained employed or [15]engaged in [16]job-seeking activities for more than six months as employed, which means the results could vary depending on [17]assessment standards.
  “Quitting a job doesn’t necessarily mean people become unemployed,” a Statistics Korea official said. “Perhaps some are seeking a new job, while some have already [18]landed a new position .”
  The most frequently cited cause for leaving work at 41.2 percent was “family or private concerns,” while the second most cited cause at 20.7 percent was “[19]discontent with [20]working conditions .”
  Nearly 13 percent or 339,000 said they [21]were sacked in a [22]management-initiated [23]cost-saving drive , while 11.1 percent or 296,000 lost their job because their contract expired.
  Those in the 30s [24]accounted for the largest portion at 26.6 percent or 708,000. Those below 30 came next at 25.3 percent, followed by those in their 40s at 21.9 percent, 50s at 15.4 percent and over 60 at 10.7 percent.
  Workers in the 20s and 30s mostly quit their jobs [25]voluntarily due to being unhappy with working conditions, while middle-aged workers mostly lost their jobs in cost-saving drives.
  Officials said young people [26]have a relatively high chance of finding a new position, while the chances are low for older jobseekers. This [27]disparity has [28]prompted an increase in the number of early [29]retirees spending their [30]severance pay opening small stores or other [31]self-employed businesses , but many of them have met with financial difficulty amid the [32]prolonged [33]economic slowdown .
  President-elect Park has [34]pledged to rebuild the nation’s [35]faltering middle class but that could be a [36]hollow promise without finding a way to improve the sorry state of the employment market.
  Superficially, Korea doesn’t appear to have much of a job market problem. The official unemployment rate is just below 3 percent, a level [37]policymakers in Western economies would [38]die for .
  Yet closer examination of government statistics reveals that the state of employment is [39]uglier than many imagine.
  The 751,000 people officially listed as unemployed in November were [40]dwarfed by the 16 million [41]deemed economically inactive ¤Ñ neither in work nor seeking employment. This means that 40 percent of the country’s [42]working-age population above the age of 15 is sidelined from the labor market.
  And more than 80 percent of the new jobs created in the past year went to people over 50, [43]confirming that the unemployment rate has been softened by those in [44]menial jobs.

[1]deteriorate: ¾ÇÈ­µÇ´Ù, ÀúÇϵǴ٠(↔ ameliorate)
[2]leave employment: Á÷ÀåÀ» ±×¸¸µÎ´Ù
[3]highlight: °­Á¶ÇÏ´Ù, ´«¿¡ ¶ç°Ô ÇÏ´Ù
[4]dismal: ¾Ï¿ïÇÑ
[5]President-elect: ´ëÅë·É ´ç¼±ÀÚ
[6]under pressure: ¾Ð¹ÚÀ» ¹Þ°í ÀÖ´Â
[7]conglomerate: ´ë±â¾÷
[8]in the face of ~: ~¿¡ Á÷¸éÇÑ
[9]sideline: (º¸Åë ¼öµ¿ÅÂ) [ºÎ»ó•»ç°í µîÀÌ] [¼±¼ö¸¦] ÃâÀü ¸ø ÇÏ°Ô ÇÏ´Ù
[10]forced to + µ¿»ç¿øÇü: ¾î¿ ¼ö ¾øÀÌ ~ÇØ¾ß ÇÏ´Â
[11]considerable: »ó´çÇÑ
[12]financial stability: À繫 ¾ÈÁ¤¼º
[13]household debt: °¡°èºÎä
[14]gross domestic product: ±¹³» ÃÑ»ý»ê
[15]engaged in ~: ~¿¡ ¸ôµÎÇØ ÀÖ´Â
[16]job-seeking activities: ±¸Á÷ È°µ¿
[17]assessment: Æò°¡
[18]land a position[job]: ÀÏÀÚ¸®(Á÷Àå)¸¦ ±¸ÇÏ´Ù
[19]discontent with ~: ~¿¡ ºÒ ¸¸Á·ÇÏ´Â
[20]working conditions: ³ëµ¿ ȯ°æ
[21]be sacked: ÇØ°í´çÇÏ´Ù
[22]management-initiated: ȸ»çÃø¿¡¼­ ½ÃÀÛÇÑ
[23]cost-saving drive: ºñ¿ë Àý°¨ Á¶Ä¡
[24]account for ~: (Àüü¿¡¼­ ¸î ÆÛ¼¾Æ®) ~¸¦ Â÷ÁöÇÏ´Ù
[25]voluntarily: ÀÚ¹ßÀûÀ¸·Î
[26]have a high chance of ~ing: ÇÒ °¡´É¼ºÀÌ ³ô´Ù
[27]disparity: Â÷ÀÌ, ºÒ±ÕÇü
[28]prompt: À¯¹ßÇÏ´Ù, Ã˹ßÇÏ´Ù
[29]retiree: ÅðÁ÷ÀÚ
[30]severance pay: ÅðÁ÷±Ý
[31]self-employed business: ÀÚ¿µ¾÷ÀÚ
[32]prolonged: Àå±âÀûÀÎ
[33]economic slowdown: °æÁ¦ µÐÈ­, °æÁ¦ ħü
[34]pledge to + µ¿»ç¿øÇü: ~Çϱâ·Î ¸Í¼¼[¼­¾à]ÇÏ´Ù
[35]faltering: ºñƲ°Å¸®´Â
[36]hollow promise: °øÇãÇÑ ¾à¼Ó
[37]policymaker: Á¤Ã¥ ÀÔ¾ÈÀÚ
[38]die for ~: ~¸¦ ¸÷½Ã °®°í ½Í¾îÇÏ´Ù
[39]ugly: ÇüÆí¾ø´Â
[40]dwarf: ÀÛ°Ô ÇÏ´Ù[º¸ÀÌ°Ô ÇÏ´Ù]
[41]deem A B: A¸¦ B¶ó°í »ý°¢ÇÏ´Ù
[42]working-age population: ±Ù·Î °¡´É Àα¸
[43]confirm: È®ÀÎÇÏ´Ù, ½ÂÀÎÇÏ´Ù
[44]menial: ÇÏÂúÀº, Áß¿äÇÏÁö ¾ÊÀº

By Park Si-soo

Published : Jan 06, 2013
Source : The Korea Times

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