The job market for young people looks increasingly grim amid promises from President Moon Jae-in to make job creation his priority.
A survey by the Korea Employers Federation suggests there will be just one job for every 35.7 people who graduate from university this year. That means only 28 of every 1,000 applicants will land a job.
The KEF polled 312 companies nationwide and released the responses on Sunday.
In the same survey two years ago, one job was available for every 32.3 applicants.