Hyundai Motor Group to Create 46,000 Youth Jobs in Next 3 Years... Kim Bu-gyeom Calls It "Largest Scale Appreciation"

[Sejong=Asia Economy Reporter Son Sunhee] Hyundai Motor Group has decided to create a total of 46,000 youth jobs, including 30,000 direct hires, over the next three years.

On the 22nd, according to the Office for Government Policy Coordination, the government and Hyundai Motor Group held a meeting at 'Hyundai Motorstudio' located in Goyang-si, Gyeonggi-do, and signed a partnership for the 'Youth Hope On Project' with this content.

At the event, government officials including Prime Minister Kim Boo-kyum, Minister of Employment and Labor Ahn Kyung-duk, and Director of the Office for Government Policy Coordination Koo Yoon-cheol attended. From Hyundai Motor Group, Chairman Chung Eui-sun and President Gong Young-woon participated.

Hyundai Motor Group plans to directly hire about 30,000 people over the next three years. The group will expand new hires in future business areas that it focuses on, such as robotics, Advanced Air Mobility (AAM), hydrogen energy, and autonomous driving.

Additionally, about 16,000 jobs will be supported through talent development and startup support programs. The talent development programs will support a total of 15,000 job placements over three years, including 3,400 group company internships, 5,600 technical experts through industry-academia cooperation such as research scholarships, contract departments, and memorandums of understanding (MOUs) with specialized high schools, and 6,000 future technology job training participants targeting science and engineering university and graduate students. Furthermore, 1,000 startups will be supported over three years through startup nurturing and investment programs.

This partnership signing is the sixth following KT, Samsung, LG, SK, and POSCO, with these companies promising to create a total of 179,000 jobs over the next three years. The Office for Government Policy Coordination plans to establish communication channels between participating companies and the government to increase youth employment education opportunities and will also formulate and announce a 'Youth Technology Startup Activation Plan.'

In his opening remarks at the meeting, Prime Minister Kim said, "I would like to express special thanks to Hyundai Motor Group, which promised the largest scale of job creation among the companies participating in the Youth Hope On Project." He added, "The late founder Chung Ju-yung's 'Hyundai' spirit is being carried on by Honorary Chairman Chung Mong-koo through social contributions via the foundation, and Chairman Chung is further developing it through future and sharing. Let us work harder together as companies and government."

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