Number of Economically Inactive S. Korean Youths Reaches 4-Year HighVideo

Write : 2017-03-21 11:52:04 Update : 2017-03-22 09:53:58

Anchor: The number of Korean youths who are capable of working but choose not to has reached a four-year high. The data suggests that many young Koreans have stopped looking for work as the jobs market remains weak.
Our Kim In-kyung has more.
 
Report: Statistics Korea reports that 362-thousand South Koreans between the ages of 15 and 29 were not seeking work as of February.
 
The number is up some eleven-thousand from a year ago and is the highest since February 2013.
 
Those in their twenties who were taking a break from the workforce totaled 301-thousand, surpassing the 300-thousand mark for two consecutive years.
 
The slice of population in this category are capable of working and are not suffering from illnesses, but were still taking a leave from the workforce.
 
The statistics office has been classifying people who choose not to work without any particular reason as "time-off" population.
 
They are not included in the economically active population, which consists of those who are employed or actively seeking employment, and are therefore not classified as jobless.
 
The time-off population had been falling until December, but began rising again last month.
 
The total number of people who weren't actively looking for jobs reached a five-year high of one-point-nine million last month as many in their 30s and 60s also pulled out from the workforce.
 
Analysts believe that many young people have stopped looking for work as recovery has stalled in South Korea's jobs market.
Kim In-kyung, KBS World Radio News. 

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