Chungnam Supports 2,235 Youth with Community-Led Job Opportunities

[Asia Economy (Hongseong) Reporter Jeong Il-woong] Chungnam Province will provide customized jobs to 2,235 local youths through the 'Community-Led Youth Job Support Project.'

According to the province on the 24th, this project is being promoted with a total budget of 41.6 billion KRW, combining 20 billion KRW in national funds secured through the Ministry of the Interior and Safety's community-led job project competition and matching local government funds.

The project is subdivided into 95 programs across five types: Regional Innovation Type (new), Win-Win Response Type (new), Regional Inclusion Type (new), Regional Settlement Support Type (existing), and Regional Post-Corona Response Type (existing).

Among the new projects, 20 programs including the Chungnam Specialized Company Job Youth Matching Project select 824 participating workplaces and youths. Workplaces receive monthly labor cost support of 2 million KRW (with companies bearing 10-20%) for two years, and youths who find employment or start a business in the third year receive an additional incentive of 10 million KRW.

Seven projects supporting the growth of start-up youths, recruiting 54 people, provide annual start-up support expenses of 15 million KRW, and if additional youths are hired in the second year, one year of labor costs is additionally supported.

Two projects related to regions at risk of extinction with weak local business bases recruit 28 new start-ups, providing annual start-up support expenses of 15 million KRW up to the second year upon successful first-year start-up, and pay labor costs for one year when new youths are hired in the third year.

Nine projects including the Social Economy Youth Leap Support Project select 111 participating workplaces and youths, supporting wages of 1.87 million KRW per month (with companies bearing 10%) and job training.

Other detailed information regarding recruitment of participating workplaces and youths can be found on the provincial website and the Chungnam Job Promotion Agency announcement.

Kim Seong-sik, Director of the Youth Policy Division of the province, said, “We will do our best to discover and provide jobs so that youths can settle in the region.”

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