‘Job mismatch’ number highest in 10 years

The employment shock accompanying COVID-19 is slowly easing. As the number of business workers increased, employment in the accommodation and restaurant industries, which was hit directly by social distancing, also turned to an increase. It was found that the shortage of manpower (mismatch) in which workers did not go even when companies actively tried to recruit them has worsened.

According to the results of the November business labor force survey announced by the Ministry of Employment and Labor on the 29th and the business labor force survey results by occupation in the second half of the month, as of the last business day of last month, there were 19,062 thousand workers in businesses with one or more employees. This is an increase of 222,000 (1.2%) from the same month (18.84 million) a year ago. The number of people employed in businesses has decreased for 12 consecutive months since March last year, when the impact of COVID-19 began in earnest, and then rebounded from March of this year. However, the food and lodging industries, which were most affected by social distancing, continued to decline. Only last month, the number increased by 300, and the number turned to increase for the first time in 22 months. The number of workers increased to 119,000 in the health and social welfare service industry, 55,000 in the education service, and 54,000 in the information and communication industry. On the other hand, the number of people in public administration decreased by 111,000.

It cannot be judged that the quality of employment is good. The number of regular workers increased by 181,000 people (1.2%) to 15,811,000 people, and the number of temporary daily workers increased by 48,000 people (2.4%) to 2,052,000 people. The rate of increase of temporary daily workers is twice that of regular workers.

The wage gap between regular and temporary daily workers has widened more than a year ago. In October, the total wage per worker at businesses with one or more regular employees was 3,455,000 won, an increase of 3.6% (122,000 won) from a year ago (3334,000 won). Regular workers increased 3.5% (124,000 won) from 3516,000 won to 3.64 million won, and temporary daily workers rose 3.7% (61,000 won) from 1,642,000 won to 1.73,000 won. As a result, the wage gap between regular and temporary daily workers widened from 1,874,000 won to 1,937,000 won.

The mismatch phenomenon in which people could not be found even if they wanted to be hired was deepened. As of the third quarter of this year, the number of unfilled workers at businesses with five or more employees was 114,000, an increase of 50,000 (76.9%) from the same month a year ago. The unfilled rate, which refers to the ratio of the number of unfilled persons to the number of newly hired persons, is 14.2%. This is the lowest figure in nine years since the third quarter of 2011 (21.3%) and the third quarter of 2012 (16.0%).

The number of unfilled workers is also the largest in 10 years since the third quarter of 2011 (125,000 people). The industries with the most unfilled workers were manufacturing (38,000 people), transportation and warehousing (26,000 people), health and social welfare services (11,000 people), and wholesale and retail (8,000 people) in that order.

When asked about the reasons for the non-recruitment of companies, the most common answer was “wage level and other working conditions did not match the expectations of job seekers” with 23.3%. 21.3% of the respondents answered that “there were no applicants with the experience required by the business.”

Reference-www.labortoday.co.kr

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