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Bank of Korea
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Bank of Korea

South Korea's central bank, which traced youth job losses in AI-exposed sectors using pension records.

The Bank of Korea traced 268,000 of a 285,000 four-year fall in youth employment to AI-exposed sectors, in an issue note published 18 August 2026 using pension records rather than survey data.

Last refreshed: 22 September 2026 · Appears in 1 active topic

Timeline for Bank of Korea

#20 24 Aug

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#19 18 Aug

Published an issue note tracing youth job losses to AI-exposed sectors

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Background

The Bank of Korea is South Korea's central bank. It published an issue note on 18 August 2026 examining youth employment and technology exposure, using National Pension Service subscriber records and labour-force data rather than a household survey.

The note found that youth employment had fallen by 285,000 over four years. It said 268,000 of that decline, or 94%, occurred in highly exposed industries, while workers in their fifties in the same industries gained 230,000 jobs over the same period.

The Bank of Korea's use of pension records, rather than a household survey, separates observed employment patterns from a general survey impression; the bank itself cautioned that several changes, not technology alone, may explain the result.

Key Issues
Youth jobs research

Bank of Korea finds missing youth jobs

The Bank of Korea published an issue note on 18 August 2026 using National Pension Service subscriber records and labour-force data rather than a survey. It traced 268,000 of a 285,000 fall in youth employment since 2022, or 94%, to AI-exposed industries.

Workers in their fifties in the same industries gained 230,000 jobs over the same four years, pointing to an entry-level hiring squeeze rather than a shrinking economy. The bank itself cautioned that several changes, not technology alone, may explain the result.

Common Questions
What did the Bank of Korea find about youth employment in 2026?
Its issue note reported 285,000 fewer youth jobs over four years.Source: Bank of Korea
How did the Bank of Korea measure youth employment?
It used National Pension Service subscriber records and labour-force data.Source: Bank of Korea
Why did the Bank of Korea caution against a simple explanation?
The note said several changes may have contributed to the employment pattern.Source: Bank of Korea
Source Material