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Title	Supplementary Results of the Economically Active Population Survey for the Young Population in May 2019
Date	2019-07-16
□ In May 2019, the young population aged 15 to 29 totaled 9.073 million people, which decreased by 84 thousand people (-0.9%) compared to May 2018. The labor force participation rate of the young population stood at 48.4%, up 0.7%p year-on-year. The employment-population ratio of the young population recorded 43.6%, up 0.9%p year-on-year. □ It took 4 years and 2.8 months on average to graduate from a 2-year college or more, which rose by 0.1 month year-on-year. (5 years and 1.1 months for males; 3 years and 7.6 months for females) ○ 45.8% of university graduates had taken time off from university, rising by 1.4%p year-on-year. □ It took 10.8 months to get the first workplace after graduation or dropout, increasing by 0.1 month year-on-year. The average service period of the first job was 1 year and 5.3 months, dropping by 0.6 month year-on-year. ○ When being employed in the first job, the largest share (34.1%) of the young population earned '1.5 ~ less than 2 million won'. This share was followed by '1 ~ less than 1.5 million won' (27.7%) and '2 ~ less than 3 million won' (18.1%). ※ For more information, refer to the attached file.
Attached File	sreapsypm2019.pdf [151.9KB] Download Preview