"No Jobs I Want"... Sharp Rise in 'Not Working' Among Those in Their 20s [3-Minute Brief]

[At a Glance]
① The proportion of young people "not working" continues to rise, raising concerns
② "Semiconductor prices soar"... Producer prices up for the second consecutive month in October
③ Exports up 8.2% through the 20th of this month... Semiconductors up 26.5%, autos up 22.9%

MARKET INDEX : Year to date

○The three major U.S. stock indexes in New York closed higher across the board, driven by expectations of a possible rate cut in December.

○The President of the New York Federal Reserve stated that there is still room for additional rate adjustments.

○Shares gained further momentum following reports that the Trump administration is considering allowing Nvidia to export the H200 to China.

Top3 NEWS

■ "No jobs I want": Complaints surge by 43%... One in three young people is struggling to find direction

○Among those in their 20s, the rate soared to 7.9% in February
○Young people say, "There are no jobs I want"
○"Years of expert observation and support are needed"

■ "Semiconductor prices rise, gold prices surge..." Producer prices climb for the second consecutive month

○Semiconductor prices have risen sharply due to strong demand
○International prices of gold, silver, and copper are rising, pushing up product prices
○Financial and insurance services, as well as brokerage commissions, are also increasing

■ 'Semiconductors and autos perform well': Up 8.2% through the 20th of this month... "Expected to remain positive for 6 consecutive months" (Comprehensive)

○Korea Customs Service, export and import status from November 1 to 20
○Semiconductors up 26.5%, passenger cars up 22.9%
○Exports to the U.S. up 5.7%... Trade surplus of 2.4 billion dollars

Graphic News: "Advanced economies are activating stablecoins... Korea must quickly establish related laws"

○JP Morgan and Societe Generale are rapidly introducing their own stablecoins
○Korea is still in the early stages
○Relevant laws must be established as soon as possible

the Chart: Mortgage loans blocked at branches too... Year-end loan cliff becomes reality

○Hana Bank will suspend mortgage and jeonse loans at branches starting on the 25th
○Other banks are taking similar steps, such as suspending online mortgage loans and setting monthly lending limits
○High interest rates of 6-7% per year are also a burden

Today's Key Schedule

○Domestic

Shinyoung SPAC No. 11 to be listed on KOSDAQ, confirmed offering price: 2,000 KRW

Aimed Bio KOSDAQ subscription, confirmed offering price: 11,000 KRW

NH SPAC No. 32 KOSDAQ subscription, expected offering price: 2,000 KRW

Teraview Holdings KOSDAQ subscription, expected offering price: 7,000~8,000 KRW

○Overseas

14:00 Singapore Consumer Price Index (YoY) (October)

18:00 Germany Expectations Index (November)

23:00 France 1-year BTF government bond auction

◇Lunch & Evening Commute Weather

○Lowest temperature: 9℃ (▲3℃) ｜Highest temperature: 15℃ (0℃)
○Precipitation probability: 30% in the morning｜60% in the afternoon
○Fine dust: Good in the morning｜Good in the afternoon

All you need in 3 minutes: essential, high-value economic news. Published daily at 8 a.m.