Top Industries in Pohang
Pohang is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Pohang include:
Steel Manufacturing
Steel manufacturing remains the cornerstone of Pohang's economy, with POSCO leading the industry. The sector offers a wide range of job opportunities, from engineering to logistics.
Range: $50-$120k
Growth rate: 5%
Some job openings:POSCO is hiring: Mechanical Engineer, Quality Assurance Specialist
Technology
The technology sector in Pohang is growing, driven by startups and research institutions. There is a rising demand for software developers and IT specialists.
Range: $60-$130k
Growth rate: 10%
Renewable Energy
Renewable energy is an emerging industry in Pohang, with investments in solar and wind energy projects. This sector is expected to create numerous jobs in engineering and project management.
Range: $55-$110k
Growth rate: 8%
Education and Research
Pohang is home to several prestigious universities and research institutions, offering careers in academia and research. There is a continuous demand for educators and researchers.
Range: $45-$100k
Growth rate: 4%
Some job openings:POSTECH is hiring: Research Scientist, Professor
Employment Trends and Growth Rates
Pohang's employment trends in 2024 show a positive trajectory, with the steel and technology sectors leading job creation.
The city's job market is adapting to global shifts, with increased focus on sustainable practices and digital transformation.
Income inequality remains a concern, though initiatives are in place to bridge the gap through education and skill development programs.
Job Market for Remote and Freelance Workers in Pohang
Remote work is gaining popularity in Pohang, particularly in the technology and education sectors.
Local companies are increasingly offering remote positions, aligning with the national trend where 35% of workers are working remotely.
Pohang Techno Park and POSTECH are notable for providing remote work opportunities.
Job Resources and Networking
Pohang offers a variety of job resources, including local job boards and career fairs.
The Pohang Employment Center provides job placement services and career counseling.
Local platforms such as PohangJobs.com offer listings specific to the region.
Property Prices Rankings
The Property Prices Rankings for South Korea evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025