Kyunghyong and Ministry of Employment Launch Public-Private Collaboration to Support Youth Employment

'Cheongnyeon Doyak Project' Launch Ceremony Held

[Image source=Yonhap News]

[Asia Economy Reporter Kiho Sung] The Korea Employers Federation (KEF) announced on the 20th that it held the launch ceremony for the 'Youth Leap Project.'

The event held at KT&G Sangsang Planet was attended by KEF Chairman Kyung-sik Son, Minister of Employment and Labor Jeong-sik Lee, 14 youth employment support membership companies, and an expert support group, totaling 26 participants. In addition, about 20 young people participating in the company-led program attended both on-site and through SK Telecom's metaverse platform, Ifland, to present various opinions on youth employment policies desired by the youth.

Chairman Son stated, “The domestic and international conditions surrounding youth employment have become even darker as we face a complex crisis situation where recent inflation is expanding further, interest rate hikes are accelerating, and there are concerns about a global economic downturn. Now is the time to focus our capabilities on solving the national task of revitalizing youth employment.” He added, “Since youth employment issues are structurally complex and intertwined, all economic actors, including labor, management, and government, must come together and cooperate to find a solution.”

He also said, “I hope that the 'Youth Leap Project,' which expands the scope of public-private cooperation in line with the national policy goal of a dynamic economy where the private sector leads and the government supports, will provide an opportunity for young people facing difficulties to grow one step further, building on the existing 'Youth Employment Support Project.'”

Minister Lee said, “As the launch ceremony was hosted by KEF, we will actively support the 'Youth Leap Project' so that it can be promoted based on the autonomy and creativity of the private sector, helping many young people find employment through company-led programs. For employed youth, we will focus on inspecting working conditions, especially in areas prone to labor rights blind spots, to create a labor environment where young people can be guaranteed their rightful rights and demonstrate their abilities.”

Meanwhile, the launch ceremony began with the presentation of membership certificates to companies participating in the 'Youth-Friendly Corporate ESG (Environment, Social, Governance) Support' program, followed by discussions on public-private cooperation plans to support youth employment involving the business community, youth, experts, and government, and sharing of excellent corporate cases.

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