{
  "id": 7041248,
  "title": "Employment among people in their 20s falls at fastest pace since 1998",
  "url": "https://urgent.news/2026/09/13/employment-among-people-in-their-20s-falls-at-fastest-pace-since-1998-7041248",
  "topic": "world",
  "section": "World",
  "published": "2026-09-13T02:22:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/southkorea/society/20260913/employment-among-people-in-their-20s-falls-at-fastest-pace-since-1998"
  },
  "original_language": "en",
  "account": "Employment among people in their 20s experienced its most rapid decline since the 1998 Asian financial crisis, according to recent data. Over the January-August period, the number of employed individuals in this age group dropped by 193,000, falling to an average of 3.38 million, a decrease of 5.6% compared to the same period last year. The employment rate for this demographic fell to 59.1%, marking its first time below 60% in five years, as the population in this age group decreased by 3.5% on-year to an average of 5.55 million. In contrast, employment among people in their 30s grew, with a population increase of 83,000 to 6.94 million and employment rising by 103,000 to 5.6 million.",
  "summary": "The number of employed people in their 20s fell at the fastest pace this year since the 1998 Asian financial crisis, data showed Sunday, amid a trend toward entering the labor market at a later age. The number of employed people in their 20s averaged 3.38 million in the January-August period, down 193,000 from the same period a year earlier, according to data compiled by the Korean Statistical…",
  "key_points": [
    "Employment among 20s fell 5.6% YoY, lowest since 1998 Asian crisis",
    "Employment rate for 20s dropped to 59.1%, first below 60% in 5 years",
    "Employment for 30s increased by 103,000, population grew 83,000"
  ],
  "editors_take": "The sharp decline in employment among people in their 20s contrasts with growth in employment among those in their 30s, indicating a shift in the age demographics of the workforce.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Employment among people in their 20s falls at fastest pace since 1998",
        "url": "https://urgent.news/2026/09/13/employment-among-people-in-their-20s-falls-at-fastest-pace-since-1998-7041109",
        "published": "2026-09-13T01:49:13.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Employment among people in their 20s falls at fastest pace since 1998",
        "url": "https://urgent.news/2026/09/13/employment-among-people-in-their-20s-falls-at-fastest-pace-since-1998",
        "published": "2026-09-13T02:07:02.000Z"
      }
    ]
  },
  "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."
}