Gyeongju City Supports Employers Hiring New Middle-Aged Workers Aged 40-64 with Up to 700,000 KRW Monthly

Gyeongju City has been selected for the 2024 Gyeongbuk Province Specialized Customized Job Creation Support Project for Cities and Counties under the New Middle-Aged Employment Support category, securing a project budget of 200 million KRW.

The Specialized Customized Job Support Project for Cities and Counties aims to discover job projects tailored to the region and provide quality employment opportunities.

Gyeongju City Hall.

The project types are divided into two categories: general projects such as education and training, employment linkage, and consortiums between cities and counties, and the New Middle-Aged Employment Support project.

From April to December this year, Gyeongju City will support labor costs for small and medium-sized enterprises (SMEs) and small business owners who hire new middle-aged workers aged 40 to 64.

SMEs will receive up to 700,000 KRW per person per month for up to three employees, while small business owners will receive up to 500,000 KRW per month for up to two employees.

Last year, Gyeongju City supported labor costs amounting to 240 million KRW for 42 employees across 34 workplaces under the New Middle-Aged Employment project.

Mayor Joo Nak-young stated, “Previously, job support policies for the middle-aged were relatively insufficient compared to those for the youth. Moving forward, we will implement various job policies so that the new middle-aged can play a pivotal role in the labor market based on their expertise.”

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