"Software Workforce Shortage... Need to Increase Education in High-Demand Digital Technologies"

Employment and Ministry of Science and ICT Review Progress on Software Talent Development

Minister of Employment and Labor An Kyung-duk visited Megazone Cloud, a cloud system consulting company in Gangnam-gu, Seoul, on the afternoon of the 2nd, and held a meeting with software (SW) industry officials. (Photo by Yonhap News)

[Sejong=Asia Economy Reporter Moon Chaeseok] On the 29th, the Ministry of Employment and Labor and the Ministry of Science and ICT held a public-private consultative meeting at the Korea Research Institute for Vocational Education and Training in Jung-gu, Seoul, to review the progress of software talent development.

The government announced last June that it will nurture 413,000 software talents over five years until 2025. A budget of 1.6 trillion won has been allocated for next year.

Park Hyunje, director of the Software Policy Research Institute, who presented at the meeting, emphasized, "The shortage of software workforce compared to demand will worsen," and added, "We need to increase educational programs in digital technology fields where workforce demand is high." Lee Jiseok, director of 'Modu's Research Institute,' said, "The government should support labor costs so that venture companies and startups can directly train and then hire personnel."

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