In 2021, the job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector stood at about 1.25 percent, up from about 1.08 percent in the previous year. The job vacancy rate in service sector SMEs has remained below two percent since 2020.
Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021
Small and medium-sized enterprises (SMEs) are for-profit businesses whose total assets do not exceed 500 billion South Korean won and which meet the criterion of independence (not a subsidiary of a large enterprise). Depending on the type of business, companies with average three-year sales of 40 billion South Korean won or less to 150 billion South Korean won or less are defined as SMEs.
The job vacancy rate refers to the percentage of total demand for labor at the time of the survey and is calculated as (number of vacancies) / (number of employees + number of vacancies) x 100.
Total company counts per year are as follows:
2020: 397,427
2021: 535,726
Due to annual corrections and re-organizations, values prior to 2021 are of limited comparability.
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KOSIS. (July 27, 2023). Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/
KOSIS. "Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021." Chart. July 27, 2023. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/
KOSIS. (2023). Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/
KOSIS. "Job Vacancy Rate in Small and Medium-sized Enterprises (Smes) Operating in The Service Sector in South Korea from 2018 to 2021." Statista, Statista Inc., 27 Jul 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/
KOSIS, Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/ (last visited November 10, 2024)
Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the service sector in South Korea from 2018 to 2021 [Graph], KOSIS, July 27, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1333936/south-korea-job-vacancy-rate-in-service-sector-smes/
