Young Koreans Continue to Face High Unemployment

The unemployment and under-employment of young people in South Korea continues to get worse, but I have to wonder how much this has to do with jobs that younng Koreans will no longer do:

The number of young people out of work has reached a record high in the first half of this year.

Statistics Korea said on Sunday that 410-thousand people in their 20s were unemployed in the January-June period, which is the largest first-half figure since 2000 when the nation began to compile related data.

The number of unemployed young people, which posted 308-thousand in 2013 and 380-thousand last year, surpassed the 400-thousand mark this year.

Analysts attribute the rise to the sluggish economy and aftereffects of increased employment last year.

Statistics Korea said that one out of three people aged between 15 and 29 are hired for temporary or part-time posts as their first jobs.  [KBS World Radio]