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Korea's trade ministry announces report on expected job growth in promising new industries

2019-07-02 23 Dailymotion

산업부, "신산업에서 2027년까지 16만 5천명 필요"....차세대 반도체 주목<br /><br />Korea's jobs numbers may have been pretty weak over the past couple of years, but a report from the trade ministry suggests there's hope for job seekers in the so-called "new industries" like AI.<br />Businesses say they're going to need a lot more people in the years to come.<br />Our Ko Roon-hee explains. <br />Korea's trade ministry has announced that a total of 165-thousand employees are needed by 2027 in the five 'promising new industries'... which are considered to be the driving force for the local economy. <br />This will be an 56-thousand increase from the number of employees in these industries as of the end of 2017.<br />The announcement is based on a survey done last year of almost 2-thousand businesses involved in the industries... including next generation semiconductors and displays, IoT home appliances, AR and VR, and high tech material.<br />The survey mainly asked businesses about the number of employees and manpower shortages. <br />The ministry says...the number of employees is expected to increase the most in the next-generation semiconductor sector... defined as chips with artificial intelligence technology. <br />As of the end of 2017, the number of employees was around 27-thousand...and by 2027, the number is likely to increase to around 44-thousand. <br />The increase of around 16-thousand people is the largest among the five sectors. <br />The report added that the most jobs will likely be created in the chip manufacturing technology field. <br />The ministry also highlighted the AR and VR sector. <br />During the same period, the number of employees in this sector is likely to increase to around 9-thousand from less than 5-thousand, with an average annual job growth rate of 6-point-5 percent.<br />The trade ministry aims to work with related ministries such as education and labor...so that the companies can easily find suitable workers. <br />Ko Roon-hee, Arirang News. <br />

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