Ministry of Economy and Finance: "Public Institutions Must Expand Youth Employment Despite Difficult Conditions"

On the 6th, Kim Eonseong, Director of Fiscal Management at the Ministry of Economy and Finance, chaired the 'Public Institution Youth Employment Meeting' at the Korea Trade Insurance Corporation to support the creation of youth jobs in public institutions. He emphasized that public institutions must actively strive to expand youth employment despite challenging conditions.

At this meeting, 13 major public institutions with large-scale youth employment, including the Korea Railroad Corporation, Korea Hydro & Nuclear Power, Korea Land and Housing Corporation, and Korea Electric Power Corporation, attended to share their youth employment performance and recruitment plans for this year, and to discuss solutions to difficulties related to youth employment.

Director Kim stated, "Starting this year, we have introduced additional management evaluation points for public institutions with excellent performance in new recruitment and youth internship operations to strengthen institutional incentives." He urged, "Institutions should actively utilize natural reductions such as retirements and resignations, advance recruitment timing, and make efforts to expand recruitment in ways that youth can tangibly feel."

The government has set the total new recruitment target for all public institutions this year at 24,000, a 10% increase compared to the previous year, with youth employment expected to be 20,000. The Ministry of Economy and Finance plans to prepare improvement measures for related systems, such as activating replacement hiring for parental leave, to enable public institutions to secure maximum new recruitment capacity. It will also actively support workforce needs for improving public services and implementing key national projects through occasional increases in personnel.