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2H Large Corporation Hiring May Rise 15% from a Year ago

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Thursday, August 29th, 2013
SEOUL, KOREA- The number of new hires by large corporations in the second half of the year is expected to rise 15 percent from a year ago. According to data announced by job portal JobKorea on August 28 based on a survey on 373 companies out of top-500 private-sector companies in terms of sales revenue, as many as 208 said they would employ a total of 21,933 in the latter half.
 
This is 15.6 percent higher than the same period last year when 173 companies hired 18,974. But the average number of new hires by company was slightly lower at 105 than last year's 110.
 
By industry, 21 electric and electronic companies will add their payrolls by 7,701, followed by 18 machinery and steel companies (2,576), 19 automobile and transportation companies (2,414), 8 info-tech and telecom companies (1,600), and 20 food and beverage and food services (1,550).
 
Of the 373 companies that responded to the survey, 31.9 percent (119 companies) said they have no plan for new college graduate hires while the remaining 12.3 percent (46 companies) said they have not decided yet whether to hire new college graduates.

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