9th Joint Meeting of the Inter-Ministerial Job Task Force

The government has decided to prepare and announce measures to resolve regional job vacancies by next month.


On the 13th, the Ministry of Employment and Labor and the Ministry of Economy and Finance held the 9th meeting of the joint task force (TF) on jobs with related ministries to discuss the upcoming announcement of the "Measures to Resolve Regional Job Vacancies."


A government official explained, "We previously prepared and announced measures to resolve job vacancies in two phases (March and July), and in July, the number of job vacancies decreased by 13,000 compared to the same month last year, showing some results. However, in some regions outside the metropolitan area, issues such as population outflow, aging, and outdated industrial infrastructure have caused labor shortages to become prolonged and entrenched."


The government plans to select and target industries with a large number of job vacancies and those with a high perceived difficulty in recruitment according to the conditions and demands of each local government, and to specify customized response measures. Based on today's discussion, the government will consult with local governments and announce related measures in October.


Lee Seong-hee, Vice Minister of Employment, said, "Since the causes of labor shortages and the industries experiencing recruitment difficulties vary according to regional characteristics such as industrial and population structures, this measure aims to present customized response plans for each metropolitan government. The government will actively support this through public projects and other means."


At the meeting, the employment trends for August, as well as the construction industry’s economic and employment status and policy directions, were also discussed.


The employment rate in August (63.1%) and the unemployment rate (2.0%) recorded the highest and lowest levels ever, respectively, maintaining a favorable trend. The number of employed persons also increased by 268,000 compared to the same month last year. Additionally, the government expects that the expansion of foreign tourists following the resumption of group tours by Chinese visitors on the 10th will have a positive impact on the continued favorable employment trend in the service industry.



Vice Minister Lee stated, "The number of employed youth in their teens and early twenties has been continuously decreasing recently, and about 400,000 young people are simply resting, so youth employment is an area that the government must pay special attention to. The government plans to restructure underperforming projects and optimize fiscal spending to focus investment on youth employment policies next year."

Government to Announce Customized 'Regional Job Vacancy Resolution Plans' Next Month View original image


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