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[Exclusive] Korean military set to ban iPhones over 'security' concerns
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[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
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[Graphic News] 77% of young Koreans still financially dependent
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S. Korea calls on Japan to confront history amid Yasukuni Shrine visit
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Yoon’s jailed mother-in-law excluded from latest parole list
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Hybe and Min Hee-jin, CEO of Hybe sublabel Ador, lock horns
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North Korea fires several short-range ballistic missiles into sea: JCS
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[Pressure points] Leggings in public: Fashion statement or social faux pas?
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Samsung, SK hynix investors dump shares on Nvidia crash
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The number of companies doing business in South Korea rose slightly in 2016 from a year earlier amid a protracted economic slump, government data showed Thursday.
There were 3.95 million businesses last year, up 2 percent, or 78,000, from 2015, according to the data from Statistics Korea.
They employed a combined 21.33 million workers in 2016, up 2.1 percent on-year.
There were 3.95 million businesses last year, up 2 percent, or 78,000, from 2015, according to the data from Statistics Korea.
They employed a combined 21.33 million workers in 2016, up 2.1 percent on-year.
Over the 10-year period from 2006, the number of companies jumped 22.5 percent and that of employees increased 38.2 percent.
The wholesale and retail sector had the largest number of companies with 1 million, followed by 729,000 restaurants and hotels and 416,000 manufacturing firms.
In terms of employment, however, the manufacturing industry had 4 million workers, accounting for nearly a fifth of total employees, while 3.2 million workers were engaged in the wholesale and retail business and 2.2 million people were working in the accommodation field. (Yonhap)
