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  • [Graphic News] Cities and Provinces with strongest youth unemployment cash support
    [Graphic News] Cities and Provinces with strongest youth unemployment cash support
    In an effort to curb South Korea’s high youth unemployment rate, the government has decided to provide cash subsidies to young job seekers. Gyeonggi Province and capital city Seoul ranked first with 3 million won ($2,700) each, followed by the port city of Busan at 2.4 million won. Daejeon came in fourth with 1.8 million won and North Gyeongsang Province in fifth with 1 million won. The cash subsidy program is in li...
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National Social Affairs

[Graphic News] Cities and Provinces with strongest youth unemployment cash support

July 23, 2017 - 18:12 By Jung Min-kyung



In an effort to curb South Korea’s high youth unemployment rate, the government has decided to provide cash subsidies to young job seekers.

Gyeonggi Province and capital city Seoul ranked first with 3 million won ($2,700) each, followed by the port city of Busan at 2.4 million won. Daejeon came in fourth with 1.8 million won and North Gyeongsang Province in fifth with 1 million won.

The cash subsidy program is in line with the Moon Jae-in administration’s job creation policy.
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