Analysis of the employment trends in the South Korean travel services sector reveals significant fluctuations over the past decade. Employment stood at 55.7 thousand persons in 2013, peaking at 57.7 thousand in 2015 and 2016, before declining steadily thereafter. By 2023, the number of persons employed in travel services had decreased to 54.7 thousand. Forecast data suggests a continued decline, with employment expected to fall to 54.0 thousand by 2028.

The year-on-year variation from 2022 to 2023 showed a marginal decrease of 0.18%, while the Compound Annual Growth Rate (CAGR) for the last five years was a negligible 0.037%. From 2024 to 2028, the forecasted CAGR is -0.18%, indicating a consistent downward trend.

Future trends to watch for:

Effects of ongoing global economic conditions and travel demand.
Impact of technological advancements and the digital transformation of the travel industry.
Changes in consumer behavior, particularly in response to evolving health and safety concerns.