The government is preparing measures to address the ongoing youth employment slump. To respond to the slowdown in manufacturing jobs, a comprehensive plan is set to be announced in the third quarter.
On July 28, Lee Hyung-il, First Vice Minister of the Ministry of Economy and Finance, and Kwon Chang-jun, Vice Minister of Employment and Labor, held a joint meeting of the job task force at the Government Seoul Complex to discuss strategies for youth job recovery and trends in manufacturing employment.
In light of ongoing uncertainties, including tensions in the Middle East, it is urgent to focus on vulnerable sectors such as youth and manufacturing to stabilize the employment growth trend observed in June.
The government is developing a plan tentatively titled 'Youth Job Recovery Measures.' During the meeting, specific tasks were discussed, including training future talent, strengthening job connections, and supporting career development after employment. The government plans to announce the measures in the third quarter following further consultations.
Additionally, strategies to address the recent decline in manufacturing employment were also discussed. The government will continue to analyze the causes of job shortages in various sectors through the job task force and will prepare tailored support measures, which will be announced sequentially through economic ministers' meetings.
On July 28, Lee Hyung-il, First Vice Minister of the Ministry of Economy and Finance, and Kwon Chang-jun, Vice Minister of Employment and Labor, held a joint meeting of the job task force at the Government Seoul Complex to discuss strategies for youth job recovery and trends in manufacturing employment.
In light of ongoing uncertainties, including tensions in the Middle East, it is urgent to focus on vulnerable sectors such as youth and manufacturing to stabilize the employment growth trend observed in June.
The government is developing a plan tentatively titled 'Youth Job Recovery Measures.' During the meeting, specific tasks were discussed, including training future talent, strengthening job connections, and supporting career development after employment. The government plans to announce the measures in the third quarter following further consultations.
Additionally, strategies to address the recent decline in manufacturing employment were also discussed. The government will continue to analyze the causes of job shortages in various sectors through the job task force and will prepare tailored support measures, which will be announced sequentially through economic ministers' meetings.
* This article has been translated by AI.
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