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Korean Women in 20s Top Men in Economic Participation Updated: 2013-03-07 16:29:06 KST

 Korean Women in 20s Top Men in Economic Participation
Women's economic power in Korean society is getting stronger -- especially among the younger generation.
According to Statistics Korea and the labor ministry -- the labor force participation rate among women in their 20s stood at 62.9 percent last year -- point-three of a percentage point higher than men in the same age group.
The supremacy could be attributed to the improved competency of young women in the job market.
More young women are earning admissions to college than men -- and have been landing jobs better than men in the past years.
But Korean women's economic power loses momentum when they reach their 30s as many women quit their jobs to have a baby and raise their children whereas nine out of ten men are settled into their jobs by their 30s.
The overall economic participation rate of women for all age groups still hovers under 50-percent compared to the men's figure that's been in the 70-percent range for over a decade.
Korean women are still earning less than Korean men too -- with the average wage of women standing at only 60-percent of men's only 14-hundred U.S. dollars a month compared to men's paycheck of 22-hundred dollars as of 2011.
This wage gap is the biggest among all OECD member nations.
Song Ji-sun, Arirang News.
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