Page 21 - கொரியா பொருளாதார ஆராய்ச்சி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Manufacturing job losses Overregulation, rigid job market led to corporate exodus About 72,000 manufacturing jobs in Korea migrated abroad last year, according to a report by the Korea Economic Research Institute. KERI made the analysis by calculating direct and indirect job-creation effects based on outward direct (ODI) and foreign direct investment (FDI) statistics. Between 2011 and 2020, Korean companies ODI reached an annual average of 12.4 trillion won ($11 billion), while inbound FDI by foreign businesses stood at 4.9 trillion won, resulting in a net investment outflow of 7.5 trillion won from Korea and a loss of 49,000 jobs annually. The semiconductor sector saw the biggest net ODI at 2.5 trillion won, followed by the electronic equipment and automotive industries, which saw net outflows of 2.2 trillion won and 1.8 trillion won, respectively. Up to 20,000 jobs moved out of the country in the semiconductor and automotive sectors alone. If Korea had managed to keep the 72

South koreaKorea economic research instituteKorea economic researchJob creationதெற்கு கொரியாகொரியா பொருளாதார ஆராய்ச்சி நிறுவனம்கொரியா பொருளாதார ஆராய்ச்சி