SEOUL, KOREA - Labor market participation by women in their age between 20 and 29 has outstripped that for men in their 20s. According to the Korea Statistics Office on June 3, both the labor market participation ratio and employment ratio for young women have been higher than those for their men counterparts for four consecutive quarters since the second quarter last year. It resembles a pattern exhibited in the European labor market.
The labor market participation ratio by women in their 20s was 64.9 percent in the second quarter in 2012, surpassing for the first time that for men in the same age bracket, whose comparable figure was 63.4 percent.
The same was true for the employment ratio. The ratio for women in their 20s was 60.2 percent, overtaking that for young men (57.6%) in the second quarter last year. The gap has been at almost the same level since then. In the third quarter last year, the ratio between women and men was 59.5 percent versus 57.5 percent, followed by 57.6 versus 55.9 in the fourth and 56.5 versus 55.1 in the first quarter this year.
저작권자 © Korea IT Times 무단전재 및 재배포 금지
