Jobs effect large shipbuilding, automobile, steel "US fare, high price … The game will get worse"



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# D, Korea's largest global packaging company, has just completed a production plant in the Bac Ninh area near Hanoi, Vietnam. The company has invested $ 10 million (approximately KRW 11.2 billion) for 6 months to complete the construction of 14 876 ㎡ (4500 pyeong). A company D official said, "We plan to hire 400 to 500 people from the local population," and we expressed hope that global competitiveness will increase further if competitive products are produced here.

# B, a construction machinery manufacturer, achieved the highest performance in six years last year. The turnover (6,657 billion won) and operating income (660.8 billion won) rose by 14.6 percent and 34.6 percent respectively. However, the number of employees in the company declined by 25, rather than a year ago. A company manager said: "The construction market is booming because the market is changing rapidly and it is difficult to increase employment easily.

In enterprises, the reason for not increasing employment in Korea is the "de-Korea" production plants and the rigidity of the labor market. A company that needs to increase its production facilities plans to build factories abroad, and companies with production capabilities in the country avoid recruiting as much as possible.

Another reason jobs do not increase is that there are many executives who obscure the economy in the future. The Korea Chamber of Commerce and Industry (KCCI) surveyed 2,200 manufacturers for the third quarter Business Survey Index (BSI). If the BSI is less than 100, this means that many companies see the economy this quarter as negative compared to last quarter. The index rebounded for the third consecutive quarter, rising from 85 (fourth quarter of last year) to 86 (first quarter of the year) to 97 (second quarter). However, it has not exceeded 100 points, where prospects have changed positively.

Joon Joo-mo, professor of economics at Sungkyunkwan University, said: "As long as entrepreneurs do not have expectations on the economy, investments and the resulting increase in employment can not be expected together. "

If we consider the economic outlook by industry, the employment outlook becomes even more bleak. According to the Korea Stock Exchange (KOSDAQ) ▶ The shipbuilding activity (BSI 67) fell 2 years due to the cliffs gained ▶ Automobiles and spare parts (75) up in the United States ▶ Refining and painting oil (82) It was below the standard level due to the slowdown in the demand industry, such as tariff increases and automobiles. The manufacturing industry, which is the foundation of employment in Korea, has worse prospects for the economy, especially in the "heavy and light industries", which have a significant creating effect d & # 39; employment. However, thanks to the popularity of "K Beauty" and "K Medical", only some of the "small and medium enterprises" such as cosmetics (127), pharmaceuticals (110) and precision medical instruments (110)


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