President Moon: "Talent is the Most Reliable Investment for Companies" (Comprehensive)

청, Youth Hope ON Participating Company CEOs Luncheon Meeting... "Samsung is 'Talent First', Producing the Best Samsung Employees"

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in stated on the 27th at the Blue House during the 'Cheongnyeon Huimang On Lunch Meeting with Representatives of Participating Companies' that "talent is the most reliable investment destination for companies."

President Moon said, "Samsung has continued the founder's philosophy of 'talent first' and has produced 'Samsung people' with the best abilities, and Hyundai Motor Company has made every effort to nurture global talent by providing educational opportunities such as the 'H Mobility Class,'" adding these remarks.

The meeting was arranged to express gratitude to the companies participating in Cheongnyeon Huimang On. Vice Chairman Lee Jae-yong of Samsung Electronics, Chairman Chung Eui-sun of Hyundai Motor Group, Chairman and CEO Chey Tae-won of SK Inc., Chairman and CEO Koo Kwang-mo of LG Corp., Chairman Choi Jeong-woo of POSCO Group, and CEO Koo Hyun-mo of KT participated.

[Image source=Yonhap News]

President Moon expressed his gratitude to the companies that worked hard to create jobs for youth despite difficulties caused by COVID-19.

President Moon explained, "Today, we have gathered the representatives of the six major companies participating in the Cheongnyeon Huimang On project in one place. These six companies have promised to create about 180,000 youth jobs over the next three years and to support education, training, and startups."

President Moon expressed his appreciation to the business leaders, saying, "Cheongnyeon Huimang On is a win-win strategy where youth and companies live together. Companies secure the excellent talent they need, and youth have expanded opportunities to realize their dreams together with companies."

[Image source=Yonhap News]

President Moon explained, "Due to rapid digital transformation including artificial intelligence, the demand for software professionals is increasing even faster. More experts are also needed for technological advancements toward carbon neutrality. Socioeconomic changes are rapidly altering the demand for manpower."

In particular, President Moon emphasized, "Our youth are a generation familiar with digital culture from an early age and utilize digital technology better than anyone else in the world," adding, "If the government and companies open the path well and create opportunities, they can develop into global talents leading changes in the world economy."

President Moon said, "Creating good jobs is fundamentally the role of companies, and the government only provides maximum support," and urged, "I hope the public and private sectors will collaborate in various ways to nurture digital professionals and revitalize technology startups that companies need."

[Image source=Yonhap News]

President Moon explained the role of companies that have worked to nurture professionals. He said, "For example, the 'Samsung Youth Software Academy (SSAFY),' which started in December 2018, has had 2,785 graduates so far, of whom 2,091, or 75% of the graduates, have been employed by 597 companies including Samsung Electronics, Kakao, and Naver."

President Moon said, "Recently, SK announced a plan to create an additional 5,000 jobs over the next three years following the Cheongnyeon Huimang On agreement," and "KT recently launched the AI technology education program 'Able School' and plans to operate a coding competency development program for 200 people over nine months starting next year."

President Moon explained, "POSCO's 'Change Up Ground' has housed 71 startups, and plans to open an artificial intelligence and big data academy starting next month," adding, "LG is accelerating the establishment of university departments to nurture professionals in next-generation displays and is fostering many startups at the open lab within LG Science Park."

President Moon said, "I hope that through Cheongnyeon Huimang On, more young people will experience advanced corporate education and training and gain opportunities for job seeking and startup support," and pledged, "(The government) will promote youth job seeking and corporate recruitment through projects like 'K-Digital Training.'"

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