Jeju-do "Young Job Seekers, Apply for Disaster Relief Funds"

[Asia Economy Honam Reporting Headquarters (Jeju) Reporter Park Chang-won] Jeju Special Self-Governing Province announced on the 25th that it will provide the ‘Jeju Youth Hope Dream Disaster Relief Fund’ to unemployed young job seekers in the province who are struggling due to COVID-19.

The ‘Jeju Youth Hope Dream Disaster Relief Fund’ is financed through a special donation from Jeju Development Corporation, and plans to support about 1,300 unemployed young people seeking jobs in the province with a third round of Jeju-type disaster relief funds totaling 650 million KRW.

The application period is from the 24th of last month until the 7th of next month, and applications can only be submitted through the Jeju Provincial Government website.

The eligibility criteria are ▲ aged 19 to 34 (born between November 24, 1985, and November 23, 2001) ▲ currently residing in Jeju Province according to resident registration as of the announcement date ▲ household income at or below 120% of the median income based on health insurance premiums ▲ graduated (or dropped out) from the last school attended ▲ unemployed young job seekers.

However, those who are employed (or self-employed), currently enrolled (or expected to graduate) at their last school, recipients of unemployment benefits (including those applying for eligibility), participants in the Employment Success Package or Youth Job-Seeking Activity Support Fund by the Ministry of Employment and Labor are excluded from support.

Additionally, those who have received at least one of the following are not eligible: Regional Employment Response Special Support Project (Jeju Province), 1st or 2nd Emergency Employment Stability Support Fund (Ministry of Employment and Labor), Youth Special Job-Seeking Support Fund (Ministry of Employment and Labor), New Hope Fund for Small Business Owners (Ministry of SMEs and Startups), or Emergency Living Expenses for Crisis Households (Ministry of Health and Welfare).

If the number of applicants exceeds the budget, payments will be made selectively according to priority. Priority is given in order to low-income groups (60% or less of the median income), those with a history of participating in youth self-development expenses (2020), and those with a history of participating in Hope Work or Public Work projects (2020).

Jeju Province will notify applicants individually of the results on the 22nd of next month after qualification verification and plans to make a lump-sum payment of 500,000 KRW to the applicants’ personal accounts by the end of that month (scheduled for December 28).

Choi Myung-dong, Director of the Job Economy and Trade Bureau of Jeju Province, said, “To facilitate smooth applications for the Jeju Youth Hope Dream Disaster Relief Fund, a dedicated counter has been set up at the Employment Center since the 23rd to provide telephone consultations,” and added, “We hope that unemployed young people in the province will gain courage and be able to focus on their job search activities.”

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