Hong Nam-ki: "Creating 50+ New Jobs for Youth... 64,000 Social Jobs in 2022" (Comprehensive)

Supply of 4.6 Trillion Won to Core Export-Oriented Service Industries by 2023
Release of Cabbage and Radish Stockpiles... 20% Discount Events at Nonghyup and Mart

Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, is delivering opening remarks at the "13th Emergency Economic Central Countermeasures Headquarters Meeting" held at the Government Seoul Office in Jongno-gu, Seoul on the 13th. Photo by Kang Jin-hyung aymsdream@

[Asia Economy Reporters Kwangho Lee, Sangdon Joo, Sehee Jang] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, stated on the 13th, "We have identified 14 new occupations emerging in response to changes in future industries and demographic structures, such as smart construction experts and childcare management specialists, and we plan to review introduction plans for 37+ promising potential occupations."

At the 13th Emergency Economic Central Countermeasures Headquarters meeting held at the Government Seoul Office on the same day, Deputy Prime Minister Hong said, "The government will play a leading role by improving legal systems, nurturing professional manpower, and creating initial market demand."

He emphasized, "This is a preliminary stage attempting job creation through about 50+ new occupations, but we plan to accelerate efforts to fully implement this work going forward."

Deputy Prime Minister Hong said, "First, we will discover 14 new occupations emerging due to changes in future industries and demographic structures. We will also review introduction plans for 37+ promising potential occupations, such as cyber city analysts and highway controllers, which are not yet present domestically but are gaining international attention and have high potential for domestic introduction."

He explained, "The goal is to create 64,000 jobs by 2022 through qualitative growth, self-sustainability, and competitiveness enhancement of social economy enterprises." Last year, the number of social economy enterprises in Korea was 27,452, with 284,875 employees.

Deputy Prime Minister Hong stated, "We will support social economy enterprises by doubling the special guarantee for their growth, increasing the social investment fund to 50 billion KRW annually, institutionalizing mandatory purchasing by public institutions, and expanding online sales channels to support their scale-up."

The meeting also discussed measures to revitalize overseas expansion of K-services. Hong said, "We aim to elevate service exports, currently ranked 16th globally, to the top 10 export powerhouses by 2025. We will reform support standards, which have been manufacturing-centered, to suit the characteristics of service companies and supply 4.6 trillion KRW in funds to core export-oriented service industries by 2023."

He emphasized, "Considering marketability, competitiveness, and overseas expansion demand, we have selected six promising K-services: content, medical and healthcare, edutech, digital services, fintech, and engineering. We will induce a breakthrough expansion in exports through tailored support by sector." He added, "To strengthen service export competitiveness in these fields, we will focus on three major supports: building service export infrastructure, enhancing global market competitiveness, and resolving on-site corporate difficulties."

Deputy Prime Minister Hong also presented plans to stabilize prices by releasing stockpiles of agricultural, livestock, and fishery products, as well as fruits, which have become unstable due to recent heavy rains. He explained, "For cabbage, we are already releasing 50 to 100 tons daily as needed based on government stockpiles and agricultural cooperative shipment control facilities, and we will respond similarly for radishes if price instability occurs. We also plan to have early shipment of contracted crops such as zucchini, eggplant, and cucumber through agricultural cooperatives."

Additionally, "The agricultural cooperative will hold a special event for selling flood-damaged agricultural products for 10 days starting today, and major supermarkets and online retailers are promoting up to 20% discount coupons (up to 10,000 KRW) for key leafy vegetables," he said.

The government plans to organize an emergency task force (TF) for agricultural product supply and demand stabilization to monitor the growth and supply status of major vegetables, regional trends, and price trends, and respond accordingly.

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