67% reported selecting irregular positions voluntarily with 60% glad
By Jun Ji-hye
4 out of 10 wage employees of their 20s maintain irregular positions, marking the very best proportion ever recorded, in line with knowledge from Statistics Korea, Sunday.
The information confirmed that the variety of wage employees of their 20s was tallied at about 3.38 million as of August, of which roughly 1.46 million had been in irregular positions. This represents 43 %, the very best proportion seen within the 21 years that related statistics have been collected.
For a similar month, the variety of irregular employees of their 20s elevated steadily from 1.06 million in 2014 to 1.15 million in 2017, 1.28 million in 2020 and 1.42 million final yr.
In distinction, the variety of common employees for a similar month elevated from 2.27 million in 2014 to 2.35 million in 2018, however then declined to 2.11 million in 2020. This yr, the quantity fell beneath 2 million for the primary time since information started, reaching 1.92 million.
Over the previous 10 years, the variety of common employees decreased by 346,000, whereas irregular employees elevated by 392,000.
Throughout the identical interval, the entire variety of wage employees, together with each common and irregular positions, rose by 45,000.
By employment sort, the variety of part-time employees amongst irregular workers of their 20s reached 817,000, a rise of 401,000 over the previous decade, exhibiting the biggest rise in comparison with different kinds of irregular employment. The proportion of part-time employees additionally almost doubled throughout the identical interval, going from 12.4 % to 24.1 %.
A component-time employee within the Labor Requirements Act in Korea is outlined as an worker who works no less than one hour lower than the usual working hours of different workers performing the identical job inside the similar office.
This confirmed that the rise in irregular employment amongst employees of their 20s could be attributed largely to this rise in part-time positions. This development is believed to be linked to a rising choice for versatile working hours and adjusting work schedules in line with particular person wants.
Amongst all irregular employees of their 20s, 66.6 % reported selecting irregular positions voluntarily, the very best proportion recorded to this point. Of them, 59.9 % reported being glad with their working circumstances, indicating an rising development of people choosing irregular employment by alternative.
The tendency of the job market to favor skilled candidates over new graduates, and to favor irregular hiring over common recruitment, can be believed to have influenced this development, prompting younger individuals to more and more enter irregular positions to construct related expertise.
This implies {that a} lack of high quality jobs that meet the expectations of younger employees could also be contributing to the rise in irregular employment.
In distinction, different age teams have proven a lower within the proportion of irregular employees.
“The beforehand excessive progress fee of employment is now exhibiting indicators of adjustment, and sometimes, people of their 20s are essentially the most delicate to such adjustments,” mentioned Kim Ji-yeon, an analyst from the Korea Improvement Institute. “The rising proportion of irregular employees could be considered on this context as nicely.”