Application for 1.5 Million KRW Support for Special Contract and Freelancers, 500,000 KRW for Youth Opens Today

[Image source=Yonhap News]

[Asia Economy Reporter Kim Bo-kyung] Applications for support funds for special-type workers (teukgo), freelancers, and unemployed youth struggling due to the COVID-19 pandemic begin today.

The support fund for teukgo and freelancers is 1.5 million KRW per person, and the youth support fund is 500,000 KRW per person.

According to the Ministry of Employment and Labor, applications for the 2nd emergency employment stabilization fund for teukgo and freelancers will be accepted from today until the 23rd of this month through the support fund website "COVID-19 Emergency Employment Stabilization Fund."

The support targets those teukgo and freelancers who did not receive the 1st emergency employment stabilization fund paid since July and whose income has decreased beyond a certain level due to the resurgence of COVID-19, among other reasons.

Applicants must submit relevant supporting documents such as proof of labor provision, income certificate issued by the National Tax Service, and bank deposit statements.

From the 19th to the 23rd of this month, offline applications will also be accepted at employment centers nationwide.

The Ministry of Employment and Labor plans to select recipients by comprehensively considering annual income, the scale of income reduction, and income reduction rate if there is a large number of applicants. The payment of support funds is planned to be completed by the end of next month, but delays may occur if objections or other requests are made.

Asia Economy DB=Photo by Hyunmin Kim kimhyun81@

Applications for the 2nd Youth Special Job-Seeking Support Fund for unemployed youth will also be accepted from today until the 24th of this month through the "Online Youth Center."

The support targets youth who meet certain requirements among those who participated in the Employment Success Package and Youth Job-Seeking Activity Support Fund projects last year and this year.

Youth who did not participate in these two projects can also apply if they newly join the Employment Success Package by the 24th of this month.

A weekday-based system applies according to the last digit of the applicant's resident registration number birth year. On Monday, applicants whose birth year ends with 1 or 6 can apply. The weekday system does not apply on weekends.

The Ministry of Labor plans to review applicants' employment or entrepreneurship status and pay the support funds by the end of next month.

If there are many applicants for the Youth Special Job-Seeking Support Fund, several priorities will be applied to select recipients.

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