Daegu City’s 'Youth Return Project' Provides Wage and Relocation Support to Returning Youth and Hiring Companies

Recruitment of 25 Experienced Returning Youth ... Nationwide First Pilot Implementation

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[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] Daegu City and the Daegu Chamber of Commerce and Industry announced on the 17th that they will be the first in the nation this year to promote the 'Youth Return Experienced Job Yes Matching Project,' which supports the regional U-turn settlement of young people who have left the area.

Daegu City, which launched the 'Daegu Youth Return Project' last year to help young people return to their hometowns, will newly implement a matching project between local small and medium-sized enterprises (SMEs) and returning experienced youth, following its selection for the Ministry of the Interior and Safety's regional-led youth job contest.

Last year, through the Youth Return Project, Daegu City formed and operated the U-turn Youth Support Institution Council, a permanent communication channel between returning youth and institutional officials, and has been operating an SNS youth talent inflow channel to provide regional information.

The Youth Return Experienced Job Yes Matching Project primarily supports SMEs and mid-sized companies that newly hire young people from other regions who intend to relocate to Daegu, providing up to 1.6 million KRW per person per month for up to two years. Participating youth receive a relocation support fund of 3 million KRW and a retention incentive of 1.5 million KRW (for those employed for six months or more).

Daegu City plans to arrange employment for young people wishing to participate in the project at 39 companies that have applied for the project contest so far this year. The youth recruitment period, limited to 25 people, runs from the 18th to March 8th. Youth who wish to participate can download the application form and related documents from the Daegu City website (notices and announcements) and submit them online.

Kim Yo-han, head of Daegu City's Youth Policy Division, said, "We hope that young people who have gained experience after moving to the metropolitan area and other regions will find jobs and settle in the local area, and that the supply of excellent young talent will also help alleviate the recruitment difficulties of local companies."

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