Busan City Promotes Leap to a Future Job-Centered City for Citizen Happiness

Comprehensive Job Policy Plan Established, Full Effort to Create Citizen Happiness Job Ecosystem and Future Growth Foundation

7.38 Trillion Won Invested to Create 700,000 Jobs, Employment Rate for Under 64 Raised to 67%

Busan Metropolitan City Elected 8th Term Comprehensive Job Policy Plan (Summary).

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Busan City has established and announced the "Comprehensive Plan for Busan City Job Policy in the 8th Term of Elected Mayor," aiming to become a "Busan, a city centered on future jobs for citizens' happiness."

The Busan City comprehensive plan was formulated according to the Ministry of Employment and Labor's regional job target announcement system, setting the direction for regional job policy promotion for four years from 2023 to 2026. Local governments announce job creation goals and measures on their official websites.

The "Comprehensive Plan for Busan City Job Policy in the 8th Term of Elected Mayor" is largely composed of four promotion strategies: ▲ Establishing a citizen happiness job ecosystem ▲ Creating a foundation for future growth jobs ▲ Strengthening regional-led job creation capabilities ▲ Establishing a customized job support system, with 16 promotion tasks by sector.

Recently, with the growth of the digital and eco-friendly economy, the issue of job transition to these fields has emerged. Employment environments are changing due to factors such as declining birth rates and aging populations, which are expected to reduce the working-age population.

Busan City’s industrial structure, centered on domestic service industries and traditional manufacturing, requires further strengthening of capabilities to create future growth jobs.

The city plans to invest 7.38 trillion KRW over four years to create 700,000 jobs. It aims to create regionally specialized jobs, resolve job mismatches, attract investment in innovative companies, and establish a foundation for future growth jobs in startups, finance, and strategic industries.

Through industry-academia cooperation, the city will nurture talent, lead the digital economy transition, support the growth of excellent companies, and establish a customized job system for sectors such as youth, women, the elderly, and people with disabilities. The goal is to raise the employment rate (ages 15?64) to 67% by 2026.

Park Hyung-jun, Mayor of Busan, stated, "We will proactively respond to future economic changes such as digital and eco-friendly sectors, and strive to create many quality jobs and boost the economy through attracting excellent companies, nurturing talent, and establishing a startup finance city."

Detailed information on the "Comprehensive Plan for Busan City Job Policy in the 8th Term of Elected Mayor" can be found on the Busan City website (Information Disclosure - Information Disclosure - Prior Information Announcement? Social Welfare? Employment Policy? Regional Target Job Announcement).

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