{
  "id": 4331701,
  "title": "New jobs held by people in 20s, 30s decrease to record low in Q1",
  "url": "https://urgent.news/2026/08/30/new-jobs-held-by-people-in-20s-30s-decrease-to-record-low-in-q1-4331701",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T03:22:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/southkorea/20260830/new-jobs-held-by-people-in-20s-30s-decrease-to-record-low-in-q1"
  },
  "original_language": "en",
  "account": "New job opportunities for people aged 20 to 30 declined to a record low in the first quarter of the year, according to government figures released on Sunday. A total of 2.36 million new positions were held by individuals in their 20s and 30s during the January-March period, representing a drop of 23,000 compared to the previous year, as reported by the Korean Statistical Information Service, a portal managed by the Ministry of Data and Statistics. This figure marked the lowest point since job data collection began in 2018. The count of new jobs for people in their 20s fell by 26,000, reaching 1.34 million, which also set a record low. In contrast, new job openings for individuals in their 30s increased slightly by 3,000 to 1.02 million, marking a modest rise compared to the prior year.\n\nThe manufacturing sector experienced the most significant decline, with 24,000 fewer new jobs, accounting for the bulk of the overall reduction. Industry experts suggested that the drop in new jobs for younger workers was primarily driven by a shrinking population in this age group, reduced hiring demand in the manufacturing sector, and a preference among companies for experienced professionals. The decline in job opportunities for the younger demographic reflects a broader trend in the job market, where companies increasingly prioritize experience over fresh talent.",
  "summary": "The number of new jobs held by people in their 20s and 30s fell to a record low in the first quarter, government data showed Sunday. A combined 2.36 million new jobs were held by people in their 20s and 30s in the January-March period, down 23,000 from a year earlier, according to data from the Korean Statistical Information Service, an online portal operated by the Ministry of Data and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "New jobs held by people in 20s, 30s decrease to record low in Q1",
        "url": "https://urgent.news/2026/08/30/new-jobs-held-by-people-in-20s-30s-decrease-to-record-low-in-q1",
        "published": "2026-08-30T02:40:10.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "New jobs held by people in 20s, 30s decrease to record low in Q1",
        "url": "https://urgent.news/2026/08/30/new-jobs-held-by-people-in-20s-30s-decrease-to-record-low-in-q1-4333095",
        "published": "2026-08-30T03:27:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}