Jobs? 'Protecting' Them Is as Important as 'Creating' Them

Busan City Holds Job Committee Meeting to Announce 'Public-Private Joint Declaration on Job Protection'
Resolution to Practice 'Job Protection' to Overcome COVID-19 at 2 PM on the 24th

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City will hold a ‘Job Committee’ to establish measures to address the employment crisis caused by the prolonged COVID-19 pandemic.

Busan City announced on the 23rd that it will hold a Job Committee meeting on the theme of ‘Overcoming the COVID-19 Employment Crisis’ at 2 p.m. on the 24th in the 26th-floor conference room of City Hall. The main agenda of the meeting is to protect existing jobs and create new ones.

The Job Committee is the highest-level control tower that decides Busan City’s employment policies, with participation from the private sector, government, and academia.

From the private sector, city council members and on-site employment experts participate, while from the government side, officials from Busan City, the Employment and Labor Office, and the Small and Medium Business Administration participate. The economic sector includes 26 participants from organizations such as the Busan Chamber of Commerce and Industry and the Busan Employers Federation.

This meeting will be led directly by Acting Mayor Byeon Seong-wan of Busan. The agenda includes ▲appointment of new committee members to strengthen job policy development ▲introduction of government third supplementary budget employment stabilization systems such as the Ministry of Employment and Labor’s ‘Employment Stability Agreement Support Fund’ ▲report on ‘Busan City COVID-19 Response Job Stability Measures’ ▲inspection of job project progress for target groups such as youth and women ▲and the ‘Joint Declaration to Protect Jobs in Busan to Overcome COVID-19.’

The ‘COVID-19 Response Job Stability Measures’ include a total of 15 key tasks under four major strategies, focusing on strengthening the foundation for creating future jobs in the post-COVID era with a customized budget of 151.2 billion KRW.

In the field of ‘Establishing an Employment Crisis Management Administrative Operation System,’ the plan includes implementing a regulation verification responsibility system where public officials directly prove and improve the reasons and necessity for retaining unreasonable and excessive regulations under local ordinances. It also expands the comprehensive negative system, previously applied only to existing laws, to local ordinances, including discovering and improving regulations.

The ‘Public-led Job Creation’ sector aims to successfully promote the Busan Win-Win Job Project, creating 4,300 new jobs with an investment of 760 billion KRW. It also reorganizes and solidly promotes this year’s fiscal support job projects worth 2.5205 trillion KRW in response to COVID-19, fostering an atmosphere for protecting and creating jobs.

The ‘Protecting Jobs Together with Companies’ sector supports about 1,000 companies that have signed employment maintenance win-win agreements by subsidizing four major insurance premiums, expands reemployment support and vocational training for workers who lost jobs due to COVID-19-related business suspensions or closures, and supports costs for the construction and repair of convenience facilities to improve poor working conditions in small and medium-sized enterprises.

After the discussion on the ‘COVID-19 Response Job Stability Measures,’ all members of the Job Committee will announce a ‘Joint Declaration to Protect Jobs,’ which includes establishing and promoting employment stability support systems and policies, maintaining jobs for employment stability, and discovering job policies to overcome COVID-19.

Acting Mayor Byeon Seong-wan of Busan said, “Since COVID-19, the city has been implementing emergency measures to help companies and workers endure the crisis,” adding, “Going forward, we will carefully refine policies to fill gaps where support has not reached and ensure policies work well on the ground, and we will continue employment maintenance support policies to protect even a single job.”

This content was produced with the assistance of AI translation services.