image text translation
I told you not to get drunk
Talcuptu
9
‘C6
Seoul youth
It’s 2H
Jobs for people in their 20s decline by the largest amount ever
w
KtC
“Jukso”
no 8 three
Date R
Youth employment rate has fallen for 17 months. This is the longest record in about 16 years since the financial crisis.
As the economic recession prolonged, job growth in the fourth quarter of last year was found to be the smallest since related statistics were compiled.
In particular, the number of jobs for people in their 20s who are just entering society has decreased to an all-time high.
image text translation
‘Youth jobs’ disappearing
XC
Job growth in 2024 (number)
compared to the same period last year
30,000
“Class 0
4000
250,000
240,000
J0P
4000
6000
150,000
ZU only
3000
J0min
separator
2nd quarter
3rd quarter
4th quarter
Source: Statistics
JUC
mv;
The number of jobs in the fourth quarter of last year increased by only 150,000 from a year ago, the smallest increase since 2018 when related statistics were compiled.
image text translation
‘Youth jobs’ disappearing
‘
4th quarter of last year
300,000
248,000
Jobs by age (number)
20EI
compared to the same period last year
10 min
Under 20s
40s
Over 60s
~100,000
-84,000
200,000
-148,000
KNCC
al
Source: Statistics Korea
In particular, jobs for people in their 20s and younger and those in their 40s decreased by 148,000 and 84,000, respectively.
This is the largest decrease so far.
On the other hand, jobs in those in their 60s surged by about 250,000, leading overall job growth.
image text translation
‘Youth jobs’ disappearing
XtC
MCC
Youth employment market freezes due to sluggish domestic demand
IIv;
The slump in domestic demand due to the economic downturn also had a negative impact on the employment market for those in this age group who have to work for a long time.
In addition, political unrest such as martial law at the end of last year appears to have reduced employment.
image text translation
‘ -llulo
‘Youth jobs’ disappearing
k
INCC
Kim Jeong-jung, Gongdeok-dong, Seoul
In order to do In-Run All, there are many cases where you need some Inter experience.
KCC
Iews
If we keep hiring experienced workers, where will new recruits like us build our careers?
The era of physical education and technical training
Irld
‘Youth jobs’ disappearing
image text translation
‘
4th quarter of last year
construction industry
real estate
information and communication
Jobs by industry (number)
compared to the same period last year
-6000
-9000
KNCC
Source: Statistics Korea
-109,000
T#
By industry, about 110,000 jobs were lost in the construction industry, which is experiencing the worst recession.
The situation was similar in the real estate and information and communication industries.
image text translation
‘Youth jobs’ disappearing
N6C
Seonghee Kim, Professor at Korea University Labor Issues Research Institute
We can defend ourselves only by counteracting the economic axis through employment policy.
It’s disappointing that there is no solution for this.
BattC
‘Youth jobs’ disappearing
image text translation
all
B: F.I.
” sun
Kim Seong-hee, professor at Korea University Labor Issues Research Institute
The (employment cold wave) will continue for some time to come.
KtC
TSTs
sufficiently predictable