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South Korea Adopts Digital Badges for Job Seekers, Powered by Blockchain

South Korea Adopts Digital Badges for Job Seekers, Powered by Blockchain
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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South Korea Revolutionizes Job Applications with Blockchain Digital Badge

South Korea Revolutionizes Job Applications with Blockchain Digital Badge
coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.

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Labor shortage and productivity in Korea

A report by the Korea Employment Information Service (KEIS) garnered much press attention recently. The report concluded that Korea must add 900,000 more workers to its total labor force by 2032 to maintain an economic growth rate of 1.9-2.1 percent. This is based on the fact that the economically active population was projected to increase by a paltry 316,000 workers from 2022 to 2032. To counteract this projected shortfall of workers, the report calls for a systematic and preemptive response from the government, including policy efforts to bolster employment opportunities that young people desire, child care that allows women to remain in the workforce, wage system reorganization, and retraining of the elderly to prolong their period of economic activity. ....

United States , South Korea , Sean Omalley , Korea Employment Information Service ,

Voluntary subscribers for state pension service declining

The number of South Koreans who voluntarily subscribe to the National Pension Service continued on a downward trajectory last year, according to the NPS on Thursday. As of November of 2023, 858,829 of those subscribed to the state-run pension plans were categorized as voluntary subscribers. The National Pension Act mandates that anyone living in South Korea with a fixed income including foreign nationals betwee. ....

South Korea , South Koreans , Choi Hye Young , Democratic Party , Korea Employment Information Service , National Pension Service , National Pension , National Pension Act ,

65% of Korean firms penalize ChatGPT-crafted resumes

A majority of large companies in South Korea disadvantage applicants who craft their resumes using artificial intelligence services, such as ChatGPT, according to a survey released Sunday. The Labor Ministry and the Korea Employment Information Service unveiled a report on employment trends in the second half of 2023, which was based on a survey of human resource managers at the nation’s top 500 companies by sa. ....

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