Korea vows tailored support for youth employment amid job market challenges
SEJONG — Korea vowed to provide comprehensive support for young people, from job searches to career development, the finance ministry said Friday, amid persistent employment challenges facing those in their 20s. The Ministry of Finance and Economy unveiled a blueprint for revitalizing youth employment as younger job seekers continue to face difficulties amid economic uncertainty. Government data…
Seoul announced a comprehensive plan to support young Koreans in finding jobs and advancing their careers on Friday, as persistent employment issues persist among individuals in their twenties. The Ministry of Finance and Economy presented its plan to revitalize youth employment, as younger job seekers continue to struggle in the face of economic uncertainty.
Government statistics revealed that the employment rate for those aged 20 to 24 dropped to 41.3 percent in the second quarter, falling short of the 2025 average of 43.6 percent. Meanwhile, the rate for people aged 25 to 29 remained steady at 71.5 percent, compared to 71.8 percent in the previous year. The move follows a high number of individuals classified as "resting," which refers to those who are not actively seeking employment despite not having a serious illness or disability.
According to the data ministry, there were 378,000 young people aged 15 to 29 in this category in the second quarter, a decrease of 28,000 from the previous year, though the figure still remains concerning. The government's blueprint aims to address these challenges head-on.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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