Busan City Launches Recruitment for 'Youth Return and Experienced Job Matching Project'... Aiming to Catch 'Two Rabbits'

From the 15th, Support for Wages, Youth Retention Incentives, and Outbound Youth Settlement Grants for Participating Companies

Ministry of the Interior and Safety Announces Selection for the '2021 Regional-Led Youth Job Project' and Launches New In

Busan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Busan City (Acting Mayor Lee Byung-jin) will recruit participating companies for the ‘Busan Youth Return and Experienced Job Matching Project’ starting from the 15th to promote the return of local young talents and job creation.

This project was selected as a new public offering project under the Ministry of the Interior and Safety’s ‘2021 Local Government-Led Youth Job Project’ and will be implemented for two years until February 2023.

The project matches local jobs for young people who have left the region but wish to return to Busan and unemployed experienced young workers residing in Busan, simultaneously resolving the issues of local talent return and job mismatch.

The support details include ▲up to 1.8 million KRW monthly in labor costs for newly hired companies for a maximum of 24 months ▲a retention incentive of 1.5 million KRW for youth who maintain employment for 6 months ▲and an additional settlement support fund of 3 million KRW for local young returnees who maintain employment for 3 months.

The eligible youth participants are ▲unemployed young people aged between 18 and 39 ▲local young returnees who wish to return to Busan or ▲young residents of Busan with more than 6 months of work experience.

For local young returnees, the applicant must have completed the move-in registration to Busan at least one year before the project announcement date; however, even if currently living outside Busan, registration within 3 months from the hiring date is allowed.

Acting Mayor Lee Byung-jin of Busan said, “I hope this project will be the beginning of a job policy that can attract young talents living elsewhere back to the region.”

For more details, please refer to the announcement on the Busan Chamber of Commerce and Industry website.

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