youth unemployment Archives | Be Korea-savvy
5 out of 10 S. Korean Youth Believe Their Job Will Be Worse than Parents’

5 out of 10 S. Korean Youth Believe Their Job Will Be Worse than Parents’

SEOUL, Dec. 27 (Korea Bizwire) – Only 53.6 percent of 1,600 youth between the ages of 18 to 34 were in agreement with the statement “we can get better jobs than those of our parents’ generation” in a Ministry of Employment and Labor study on young peoples’ beliefs regarding employment policies. Anxiety over future job [...]

Plummeting Birth Rate a Problem, But Marriage Not a Must for Many University Students

Plummeting Birth Rate a Problem, But Marriage Not a Must for Many University Students

SEOUL, Nov. 24 (Korea Bizwire) – A survey of 1,000 university students was able to glean a number of insights into the perspectives held on societal concerns like the plunging birth rate and hopes and expectations for the future such as marriage and jobs. Commissioned by the Korea Population and Health Welfare Association, the questionnaire [...]

Over Half of University Students and Salaried Workers Are Interested in Becoming Civil Servants

Over Half of University Students and Salaried Workers Are Interested in Becoming Civil Servants

SEOUL, May 24 (Korea Bizwire) – With employment stability rapidly becoming one of the most important considerations for those seeking a job, more than half of the university students and salaried workers in South Korea are eyeing the idea of becoming a civil servant. According to a recent online survey conducted by the Korea TOEIC [...]

‘Kangaroo Families’ on the Rise as South Korean Parents Expect to Support Children Until Marriage

‘Kangaroo Families’ on the Rise as South Korean Parents Expect to Support Children Until Marriage

SEOUL, May 10 (Korea Bizwire) – Amid a sluggish economy, the prevalence of late marriages and a growing cost of living, an increasing number of parents in South Korea are comfortable with the idea of having a ‘kangaroo family’, where parents support their children past university into employment, with four in ten parents now saying they [...]

Seoul’s Youth Benefits Policy Continues Despite Criticism

Seoul’s Youth Benefits Policy Continues Despite Criticism

SEOUL, April 27 (Korea Bizwire) – Amid record youth unemployment rates mired in the double digits, the Seoul Metropolitan Government is continuing its efforts to support young people this year, with 5,000 young people between the ages of 19 and 29 set to receive 500,000 won every month from July for up to six months [...]

Seoul Expands Free Suit Rental Program for Young Job Seekers

Seoul Expands Free Suit Rental Program for Young Job Seekers

SEOUL, April 20 (Korea Bizwire) – The Seoul Metropolitan Government announced Wednesday that it has partnered with two additional tailors in Sinchon and Wangsimni for its free suit rental initiative starting May 22.  The city launched the service last year near Konkuk University to help unprivileged job seekers amid South Korea’s rising youth unemployment rate. [...]