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Employment inducement coefficient across all industries in South Korea from 2015 to 2022

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Source

Release date

November 2024

Region

South Korea

Survey time period

2015 to 2022

Supplementary notes

The employment inducement coefficient refers to the number of people who become employed for one billion South Korean won in final demand for industrial goods and services.

Citation formats

Employment inducement coefficient South Korea 2015-2022

Published by Zeynep Dierks, May 2, 2025

In 2022, the employment effect was about *** people per one billion South Korean won across all industries in South Korea, showing a decrease compared to the previous year. The employment inducement coefficient in South Korea has steadily declined in recent years, meaning that fewer jobs have been created despite economic growth.

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