Job vacancy rate in manufacturing SMEs 2021, by occupation

Published by L. Yoon, Sep 28, 2023
In 2021, the job vacancy rate among manual workers in manufacturing small and medium-sized enterprises (SMEs) in South Korea stood at about 2.21 percent, the highest among all job types. The total vacancy rate in manufacturing SMEs in South Korea was around 1.76 percent that year.

Job vacancy rate in small and medium-sized enterprises (SMEs) operating in the manufacturing sector in South Korea in 2021, by type of occupation

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Release date

July 2023

Region

South Korea

Survey time period

2021

Number of respondents

8,000 manufacturing SMEs

Method of interview

Face-to-face interview, online survey

Supplementary notes

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.

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