Goyang City, "Supporting Employment for Over 2,000 People Next Year"... 10 Billion Won Job Fund Invested

Goyang City Hall, Gyeonggi Province

[Asia Economy Reporter La Young-chul] Goyang City in Gyeonggi Province will invest 10 billion KRW from the job fund next year in public jobs and youth employment projects. It is expected that 2,100 people will benefit from employment and other opportunities through this initiative.

The city announced on the 21st, "In 2021, the COVID-19 issue is expected to persist for some time, and due to the base effect from this year's economic contraction, demand for jobs is expected to decrease significantly."

In particular, Mayor Lee Jae-jun stated, "We cannot just keep the fund idle," and set a policy to "use the fund as timely as possible for vulnerable employment groups."

The city will first continue the Goyang Hope Part-time Job project next year to ensure that citizens who have lost their jobs can maintain minimum living stability.

For the 2021 short-term Hope Part-time Job project, 4 billion KRW from the fund will be invested to support jobs for about 700 people, and 1.2 billion KRW will be used for the Goyang Hope-Tomorrow Job project to hire about 100 people with experience and expertise on a part-time basis to assist public institutions.

Using 4.3 billion KRW from the job fund to protect the livelihoods of low-income groups, jobs will be provided to about 900 people through public work programs. Additionally, 300 million KRW will be spent on youth job training, and 250 million KRW on internship training for university students, helping about 400 young people.

The city previously established a 10 billion KRW job fund last year, the first among local governments in Gyeonggi Province, aimed at addressing economic crisis and unemployment measures.

According to the '2020 First Half Regional Employment Trend Analysis' by the Gyeonggi Job Foundation, among the northwestern regions of Gyeonggi Province, Goyang City was the only area where the number of employed people increased (+7,900 people, +1.6%) compared to the same period last year in the first half of this year.

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