December 15, 2020
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3:03Now PlayingCoronavirus pandemic woes are bringing U.S.-style gig economy to South Korea. As the Covid-19 pandemic hit Seoul with full force last winter, the number of people employed but who want to earn more because of insufficient income spiked this year.
South Korea’s latest data yet many have lost income -- often working fewer hours or going from full-time to part-time status. They are willing to work an extra job, if they can find one.
While South Koreans do not typically take a second job as much as do Americans or Canadians, private polls show interest is growing in “gig” work, freelancing or running a business in addition to working a full-time job.
Though interest is high, finding that second gig is also proving difficult during the coronavirus pandemic. Moonlighting peaked in 2019 with 470,000 people having work income in addition to their main job. The number dropped to 430,000 during the first nine months of 2020, accounting for just 1.6% of those employed, according to the opposition People Power Party member Choo Kyung-ho’s office, which compiled Statistics Korea’s data.
“That means there isn’t even a place to moonlight,” said Choo, a lawmaker who was former vice finance minister.
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