10,000 Experiential Jobs Led by Large Corporations to Be Created... Government Pushes 'Youth New Deal' Policy

Establishing the “K-New Deal Academy” Led by Major Corporations for 10,000 Participants

Supporting 100,000 Youth Through Three Main Tracks: Leap, Experience, and Recovery

The government, in partnership with large corporations, will establish a private sector-led experiential job program offering 10,000 positions for young people struggling to enter the workforce. In addition, it plans to provide employment-related services to approximately 100,000 young people, focusing on expanding public sector jobs, managing career certification, and increasing job search allowance benefits.

On April 29, Deputy Prime Minister for Economic Affairs Koo Yuncheol presided over a joint public-private "Youth New Deal Briefing Session," where the "Youth New Deal Promotion Plan" was finalized and announced. This initiative aims to address the structural employment crisis, with 1.71 million unemployed individuals in their 20s and 30s and a sharp rise in the number of "inactive" youth, by guaranteeing a starting line for around 100,000 young people through the tracks of Leap, Experience, and Recovery.

Corporations Teach, Government Pays Stipends... 'Leap' Track for 19,000

Youth New Deal Promotion Plan Centered on Three Main Tracks: Leap, Experience, and Recovery. Ministry of Finance and Economy.

The core of the plan, the "Leap" track, focuses on maximizing practical skills by leveraging the infrastructure of major corporations, which are highly preferred by young people. The "K-New Deal Academy" (10,000 participants) will feature training programs directly designed and operated by large and key industry companies. This includes not only advanced industries such as artificial intelligence (AI) and semiconductors, but also finance and content creation, areas favored by youth. Demand has already been confirmed from companies representing the top 10 business groups, totaling about 12,000 participants. Young people taking part will receive a monthly stipend of up to 500,000 won (for those outside the Seoul metropolitan area).

Additionally, the "Talent Development Bootcamp" (4,000 participants), a short-term intensive education program jointly run by universities and companies, will be fully opened to job seekers, including graduates, not just current students. The existing "K-Digital Training" program, which develops practical talent, will also be expanded by 5,000 participants to increase opportunities for advanced field education.

From Delinquency Management to Farmland Inspection... Value-Creating 'Experience' Track for 23,000

The "Experience" track, which goes beyond simple job placements to offer opportunities to create social value and build practical experience, will also be greatly expanded. In the public sector, 20,000 positions will be made available for hands-on administrative work, including 9,500 for the National Tax Service Delinquency Management Team and 4,000 for farmland surveys by the Ministry of Agriculture, as well as support roles in social welfare facilities. These positions go beyond basic administrative support, allowing participants to build practical expertise by undertaking national projects such as constructing data sets and conducting on-site surveys.

Opportunities for practical experience and hiring will also be increased in fields popular among youth, such as tourism and content, and smart manufacturing and AI transformation (AX). This includes 725 positions in culture and 600 AX specialists. In addition, the program will expand opportunities for in-demand types of work experience, such as internships and ESG-support roles.

To ensure these work experiences are officially recognized in the job market, a government-certified integrated career certificate will be issued and managed through "Employment 24." Both certificates of completion and career verification documents will be issued according to their intended purpose, and these can be utilized in resumes and similar documents.

'Recovery' and 'Infrastructure' for Isolated Youth... Guaranteeing a Starting Line for 100,000

Programs for the recovery of "inactive" youth who have lost motivation to seek employment (11,000 participants) and employment safety nets (44,000 participants) will also be strengthened. The number of Youth Future Centers will be expanded to 17 nationwide to help isolated and withdrawn youth return to daily life, and "Youth Cafes" will improve access to job counseling. A "Youth-Specialized Track" will be newly established in the National Employment Support System, providing a monthly job search allowance of 600,000 won to 30,000 low-income youth who lack prior work experience.

The target group for the "Youth Job Leap Incentive," which provides up to 7.2 million won over two years to both mid-sized companies in non-metropolitan industrial complexes and the young employees they hire, will be expanded to include all mid-sized companies outside the Seoul metropolitan area. The government emphasized, "The triple employment challenges faced by youth are a structural problem that goes beyond the individual," and added, "Through this Youth New Deal, we will firmly guarantee a new starting line for 100,000 young people in Leap, Experience, and Recovery."

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