Labor & Employment Environment
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High Labor Productivity
Ulsan has higher value-added per person than any other city or province in Korea. Ulsan’s value-added per capita is USD 59,996, much higher than the national average of USD 32,469, as well as above Chungnam's USD 45,619 and Seoul's USD 39,949 while other cities fall far behind these figures.
Labor Productivity Comparison
(Unit : USD, Labor Productivity : GDP/Economically active population, as of 2022)
Ulsan | Seoul | Busan | Daegu | Incheon | Gwangju | Daejeon | Sejong |
---|---|---|---|---|---|---|---|
59,996 | 39,949 | 24,468 | 20,695 | 27,319 | 23,918 | 26,071 | 29,316 |
Stable Employment Environment
Ulsan has been striving to lay the groundwork for business-friendly environment and provide opportunities for workers to have better jobs. Both labor and management have endeavored to improve regional competitive power by establishing a harmonious labor-management culture.