{
  "id": 720479,
  "title": "Gov't to announce details on job creation plan for youths",
  "url": "https://urgent.news/2026/08/13/govt-to-announce-details-on-job-creation-plan-for-youths-720479",
  "topic": "world",
  "section": "World",
  "published": "2026-08-13T02:07:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/policy/20260813/govt-to-announce-details-on-job-creation-plan-for-youths"
  },
  "original_language": "en",
  "account": "The government of Korea is set to unveil specific plans for job creation among young people soon, according to Finance Minister Koo Yun-cheol. The minister made this announcement during a discussion with other economy-focused ministers in Seoul. He pointed out that despite overall economic growth, employment among the youth and in the manufacturing sector remains stagnant. The day before, the data ministry reported that Korea added 108,000 jobs in July compared to the previous year. However, the employment rate among individuals aged 15 to 29 dropped by 1.6 percentage points to 44.2 percent, marking the 27th consecutive monthly decline. The unemployment rate for this age group increased by 1.3 percentage points to 6.8 percent, the most significant year-on-year rise in over five years.\n\nKoo Yun-cheol attributed the decline to several factors, including the ongoing conflict in the Middle East, an extreme heatwave, and a drought in certain regions. These challenges are affecting employment and consumer prices, according to the minister. In response to these issues, the government plans to swiftly prepare and disclose measures aimed at revitalizing employment opportunities for young people. Furthermore, the government intends to implement tailored policies for specific sectors that are particularly affected.",
  "summary": "Korea will come up with detailed measures to create jobs for young people soon in response to recent challenges in the labor market, the finance minister said Thursday. Finance Minister Koo Yun-cheol made the remark during a meeting with economy-related ministers in Seoul, noting that employment among young people, as well as in the manufacturing sector, continues to remain sluggish despite…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Gov't to announce details on job creation plan for youths",
        "url": "https://urgent.news/2026/08/13/govt-to-announce-details-on-job-creation-plan-for-youths-715446",
        "published": "2026-08-13T00:18:31.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Gov't to announce details on job creation plan for youths",
        "url": "https://urgent.news/2026/08/13/govt-to-announce-details-on-job-creation-plan-for-youths",
        "published": "2026-08-13T00:37:02.000Z"
      }
    ]
  },
  "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."
}