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How's the current job market?
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Weigookin74



Joined: 26 Oct 2009

PostPosted: Thu Jun 04, 2015 6:37 pm    Post subject: Re: How's the current job market? Reply with quote

World Traveler wrote:
Weigookin74 wrote:
Also, it does seem a lot more foreigners that were staying in my area for years have gone home over the past year or so. So, that's what confuses me. One recruiter told me it was worse, but worse than what in comparison to when? So, some indicators say worse and others seem to point up.

Are those people leaving voluntarily or being forced out (due to public school cuts and declining hagwon enrollment). I would guess the latter, but maybe some are going back due to recovering economies?
http://data.bls.gov/timeseries/LNS14000000
Unemployment rate:
United Kingdom: 5.3%
United States: 5.4%
New Zealand: 5.8%
Australia: 6.2%
Canada: 6.8%
Ireland: 9.8%
South Africa: 26.4%


I meant a lot of folks I know who were hanging on for quite a while, finally have started heading home over the last year or so. These were clingers during the recession years who stayed longer than folks previously. The jobs themselves in my area are still here. Hakwons, public schools. I think perhaps there were a few high schools that dropped some foreigners.

As for the ads, they seem to have more higher paying ones than a few years ago. The 2.1 also seem to have basic working conditions. I do recall seeing the 2.1's before lengthening their working hours and piling on BS for a time. But, those seem to be mostly your standard 30 hours a week again? Maybe these ads are simply bait and switch which could possibly be. I've been at my top wage for 3 years now. It was great at the time for being higher than average. But inflation effectively does reduce it. Thankfully the exchange rate has improved dramatically making up for the inflation though.

Anyhow, Korea does seem contradictory to me. If the US and British economies improving will have an effect, it will still take time for it to trickle through. It could pick up Korea and other nations economies, provided Korea doesn't screw it up by taxing and regulating too much. (We all remember Japan in the 1990's being left out of the economic boom and perhaps the eastern most Canadian province.) I don't believe the US economy is the only factor, but as for the rest time will tell. I just wanted to know the feeling on the ground. 2015 is still premature I guess. A year from now, who knows?
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World Traveler



Joined: 29 May 2009

PostPosted: Thu Jun 04, 2015 7:18 pm    Post subject: Re: How's the current job market? Reply with quote

Weigookin74 wrote:
the exchange rate has improved dramatically
...if you are Canadian with the weak loonie. The exchange rate for Americans is sh*t:
http://www.xe.com/currencycharts/?from=KRW&to=USD&view=10Y
1.00 KRW=0.000899815 USD
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Chaparrastique



Joined: 01 Jan 2014

PostPosted: Fri Jun 12, 2015 6:16 am    Post subject: Reply with quote

Underwaterbob wrote:

This plus a shit economy


I don't see the economy ever being as strong as it was (unless reunification occurs).

Quote:
Not that it couldn't pick back up.


Once again..unless reunification happens, ESL is largely doomed in Korea. I predict:

2016: Difficult and time-consuming to find a reasonable job, for most people. People over 35 make up only 5% of all teachers.

2018: E2 jobs have dwindled to 40% of Korean esl jobs. All public school English teachers are Koreans or Korean-Americans.

2020: 90% of jobs are P/T. Most are filled by Koreans who have lived abroad.

2022: F-visas are mostly unemployed or struggle to make enough to live on.
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FastForward



Joined: 04 Jul 2011

PostPosted: Sun Jun 14, 2015 8:04 am    Post subject: Reply with quote

Chaparrastique wrote:
Underwaterbob wrote:

This plus a shit economy


I don't see the economy ever being as strong as it was (unless reunification occurs).

Quote:
Not that it couldn't pick back up.


Once again..unless reunification happens, ESL is largely doomed in Korea. I predict:

2016: Difficult and time-consuming to find a reasonable job, for most people. People over 35 make up only 5% of all teachers.

2018: E2 jobs have dwindled to 40% of Korean esl jobs. All public school English teachers are Koreans or Korean-Americans.

2020: 90% of jobs are P/T. Most are filled by Koreans who have lived abroad.

2022: F-visas are mostly unemployed or struggle to make enough to live on.


This is my fear. I'm hoping the market doesn't bottom out this fast.
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creeper1



Joined: 30 Jan 2007

PostPosted: Sun Jun 14, 2015 8:04 pm    Post subject: Reply with quote

There are some pretty dumb things being written on this thread.

Like, yeah, re-unification would be good for the Korean economy. Laughing

And all this doom and gloom.

I remember back in 2010 there were threads about PS programs being finished. GEPIK, EPIK etc would be gone.

Yet here in 2015 they are still going strong.

TEFL will continue to be massive in Korea. There will be thousands of job openings.
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World Traveler



Joined: 29 May 2009

PostPosted: Sun Jun 14, 2015 8:29 pm    Post subject: Reply with quote

Public schools recently cut thousands of jobs. They are not "going strong" as you put it.
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Qonny



Joined: 28 Oct 2014

PostPosted: Sun Jun 14, 2015 8:38 pm    Post subject: Reply with quote

Chaparrastique wrote:
Underwaterbob wrote:

This plus a shit economy


I don't see the economy ever being as strong as it was (unless reunification occurs).

Quote:
Not that it couldn't pick back up.


Once again..unless reunification happens, ESL is largely doomed in Korea. I predict:

2016: Difficult and time-consuming to find a reasonable job, for most people. People over 35 make up only 5% of all teachers.

2018: E2 jobs have dwindled to 40% of Korean esl jobs. All public school English teachers are Koreans or Korean-Americans.

2020: 90% of jobs are P/T. Most are filled by Koreans who have lived abroad.

2022: F-visas are mostly unemployed or struggle to make enough to live on.


2024: All remaining English teachers are rounded up and sent to death camps. F-visas are used as capos within the camps.

2026: A new administration is elected into office with one of the main planks of their education policy being "Joyful Dynamic English". Tens of thousands of English speakers are hired from around the world.

2027: "Joyful Dynamic English" is defunded in favor of paying for every school student to recieve a shiny new backpack.

2028: Death camp policy reinstituted.

2030: Steelrails admits he was wrong.
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yfb



Joined: 29 Jan 2009

PostPosted: Sun Jun 14, 2015 8:50 pm    Post subject: Reply with quote

World Traveler wrote:
Public schools recently cut thousands of jobs. They are not "going strong" as you put it.


Daegu is still hiring newbies, you can earn a staggering 1.8 million a year! The free apartment still makes it worth it, right? Laughing
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Chaparrastique



Joined: 01 Jan 2014

PostPosted: Mon Jun 15, 2015 7:17 am    Post subject: Re: How's the current job market? Reply with quote

Weigookin74 wrote:
I know who were hanging on for quite a while, finally have started heading home over the last year or so. These were clingers during the recession years who stayed longer than folks previously. The jobs themselves in my area are still here.


Jobs are still there, yeah...just that the conditions and pay has fallen so far in real terms that only fresh grads will tolerate it.

FastForward wrote:
I'm hoping the market doesn't bottom out this fast.


Dynamic Korea = unpredictable Transitory fad society. The English craze here mushroomed practically overnight, it can die just as quick.
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World Traveler



Joined: 29 May 2009

PostPosted: Wed Jun 24, 2015 6:15 pm    Post subject: Reply with quote

yfb wrote:
Daegu is still hiring newbies, you can earn a staggering 1.8 million a year! The free apartment still makes it worth it, right? Laughing

Hey, now. Those who are qualified can get 2.0-2.1 for nine hour days teaching kids. That's a good opportunity for related MA holders. The market's still going strong!

(English village-Seoul)
Location:Suyu, Seoul
Start date: Mid August-September
Working hours: 9-6pm (up to 7 classes per day(40min)) or 12-9pm (rotation work)
Teaching elementary-middle school students
Salary:2.0-2.1million won
Housing: Single
*3 meals are prlovided.
# of foreign teachers: 20
Benefits: Pension, insurance, round trip ticket, severance bonus provided
Requirements: Must have a TESL in Canada
have M.A in Education or Literature
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Wed Jun 24, 2015 7:13 pm    Post subject: Reply with quote

I think they probably mean a TESL (whatever that is) or an MA. I think it's funny to see they still think having a masters in literature has got anything to do with teaching kids EFL.
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World Traveler



Joined: 29 May 2009

PostPosted: Wed Jun 24, 2015 7:37 pm    Post subject: Reply with quote

Why are ads written so unclearly? Laziness? That's really disrespectful to applicants in my opinion.

Here's the repost:

** SEOUL ENGLISH VILLAGE- MA DEGEE PREFERRED! (SEOUL)
(English village-Seoul)
Location:Suyu, Seoul
Start date: Mid August-September
Working hours: 9-6pm (up to 7 classes per day(40min)) or 12-9pm (rotation work)
Teaching elementary-middle school students
Salary:2.0-2.1million won
Housing: Single
*3 meals are prlovided.
# of foreign teachers: 20
Benefits: Pension, insurance, round trip ticket, severance bonus provided
Requirements: Must have a TESL in Canada
have M.A in Education or Literature


...so I guess you are right...unless the word preferred is being used incorrectly (as is quite common).

At any rate, there will be multiple applicants for this. Those who have both an MA and CELTA (or other similar certificate) will have a leg up on the competition. Sad they have to be reduced to doing this though.
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drcrazy



Joined: 19 Feb 2003
Location: Pusan. Yes, that's right. Pusan NOT Busan. I ain't never been to no place called Busan

PostPosted: Wed Jun 24, 2015 7:56 pm    Post subject: Reply with quote

Currents are a fruit that is in season for a short time. I think it would be better to try to find work in the orange industry because they are a year round crop.
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Wed Jun 24, 2015 10:01 pm    Post subject: Reply with quote

Quote:
At any rate, there will be multiple applicants for this. Those who have both an MA and CELTA (or other similar certificate) will have a leg up on the competition. Sad they have to be reduced to doing this though.


You really think someone with an MA and a CELTA would apply for this? You've got an MA and a CELTA, would you?
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World Traveler



Joined: 29 May 2009

PostPosted: Sat Jul 04, 2015 6:49 pm    Post subject: Reply with quote

I've considered it. There is a surplus of well qualified people in Korea now. A CELTA helps almost not all when seeking a job in the ROK. You could talk about the British Council again, but in Korea switched over to only hiring F-visa holders. Where are all these great jobs searching for/ eager to hire well qualified people? How many applicants are there for each position opening? One hundred? At the very least, dozens. How many of those are holding high level qualifications? More than a few.
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