Those between 40 and 49 with College Degress Boast Highest Employment Ratio
Those between 40 and 49 with College Degress Boast Highest Employment Ratio
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2014.07.29 18:56
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SEOUL, KOREA - For the first six months of this year, the employment ratio of those in their 40s with college degrees was highest in the labor market. Saramin, Korea's job portal, said this on July 28 in a study based on data made available by the National Statistical Office on economically active population. According to the study, the overall employment ratio rose 0.8 percentage point to 59.8 percent in the first half.
 
The employment ratio by the level of educational attainment was 75.3 percent for those with college degrees, followed by those with 2-year vocational school diplomas (75.0%), high school diplomas (61.4%), middle school (38.7%), and elementary school or below (37.9%).
 
By age group, those in their age between 40 and 49 was highest with 78.9 percent. It was then followed by those in their 50s (73.9%), 30s (73.5%), 20s (57.0%), 60 years or over (37.9%), and 15-19 years of age (7.7%).
 
The male employment ratios for all age groups except teens and those in their 20s were higher than those for women. The employment ratio for men in their 30s was 90.7 percent while that for women in the same age group was 55.6 percent, which showed the largest discrepancy of 35.1 percentage points. The overall employment ratio for men was 71.0 percent, 22.0 percentage points higher than that for women counterparts (49.0%).

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