Chungnam Province Invests 28.6 Billion Won to Create Youth Jobs

[Asia Economy (Hongseong) Reporter Jeong Il-woong] Chungnam Province is rolling up its sleeves for a job creation project for local youth.

According to Chungnam Province on the 19th, the province will invest 38.6 billion KRW this year to create jobs for 1,782 young people. This project gained momentum after securing 19.3 billion KRW in national funds by being selected in the recent Ministry of the Interior and Safety's 'Region-led Youth Job Project' competition.

The Region-led Youth Job Project has been implemented since 2018 as part of the government-wide 'Comprehensive Youth Employment Measures.' It is a method where local governments discover and provide jobs within the region by receiving national funding to respond to youth unemployment.

This year, the Region-led Youth Job Project to be implemented by the province is summarized into four types: ▲Startup Investment Ecosystem Creation ▲Regional Settlement Support ▲Private Employment Connection ▲Regional Post-COVID Response.

First, the Regional Settlement Support type focuses on providing jobs to youth to establish a basis for them to settle in the region.

In this case, businesses that hire new employees receive wage support of 2 million KRW per month per employee for two years. Additionally, young people employed at these businesses are given opportunities to obtain certifications and receive job training.

The Private Employment Connection type aims to provide youth with job experience opportunities considering their majors and aptitudes to enhance their job competencies and help them use this as a stepping stone for future private sector employment.

The COVID Response type, introduced and implemented for the first time this year, focuses on providing jobs in non-face-to-face and digital fields so that youth can prepare for the changing employment environment after the novel coronavirus COVID-19. In this case, businesses can receive wage support of about 2 million KRW per month per employed youth, and the youth themselves have opportunities for specialized education related to digital and non-face-to-face fields.

Small and medium-sized enterprises, non-profit corporations, and organizations planning to newly employ youth can participate in each project. The city will support the actual public recruitment of youth after completing the recruitment of workplaces.

Workplaces and youth participating in the Region-led Youth Job Project will be publicly recruited by each project operating agency. For more details, refer to the province's website and Chungnam Job Promotion Agency announcements.

An Yeon-soon, head of the Youth Policy Division of the province, said, "Through the Region-led Youth Job Project, we will help youth find jobs and settle in the region," adding, "The province will focus above all on steadily increasing quality and sustainable youth jobs in the region."

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