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South Korea Sees 20.9% Drop in Foreign Workers

6/23/2025

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Summary

Story summary

In 2024, South Korea witnessed a significant 20.9% drop in foreign workers entering the country on E-9 visas, with only 28,520 arrivals. This decline reflects a sluggish economy and waning demand from small and medium-sized businesses. While manufacturing faced the steepest downturn, agriculture and services saw modest growth, leaving just 21.9% of the 130,000 visa quota filled.

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Story summary

In 2024, South Korea witnessed a significant 20.9% drop in foreign workers entering the country on E-9 visas, with only 28,520 arrivals. This decline reflects a sluggish economy and waning demand from small and medium-sized businesses. While manufacturing faced the steepest downturn, agriculture and services saw modest growth, leaving just 21.9% of the 130,000 visa quota filled.