Jobs For Graduates Keep Dwindling

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Jobs for Graduates Keep Dwindling
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Jobs for Graduates Keep Dwindling

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.

Over Half a Million Graduates Unemployed
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Over Half a Million Graduates Unemployed

More than half a million graduates are unemployed for the first time this year, according to first-quarter data from Statistics Korea on Sunday. And the so-called economically inactive population with university degrees -- who are not looking for jobs or have given up -- exceeded 3.5 million for the first time.

Out of 1.17 million people classed as unemployed, i.e., still looking for jobs, 543,000 or 46.5 percent had bachelor degrees or higher. Some 451,000 completed high school, and the rest left school earlier.

Rare Inside Look At How K-Pop Idols Non-Celebrity Girlfriend Feels About Her Boyfriends Jobs
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Rare Inside Look At How K-Pop Idols Non-Celebrity Girlfriend Feels About Her Boyfriends Jobs

Block Bs U-Kwon revealed how his non-celebrity girlfriend feels about him being in the entertainment industry.

In a recent photo shoot and interview with The Star fashion magazine, Block Bs U-Kwon talked about his public relationship with model Jeon Sun Hye.

U-Kwons model girlfriend, Jeon Sun Hye.

While most idols tend to date other idols or actors they have worked with, U-Kwons girlfriendĀ didnt have much experience in those fields.

Robots to Take Over Half of Human Jobs in Korea in 10 Years
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Robots to Take Over Half of Human Jobs in Korea in 10 Years

One in two jobs in Korea will be replaced by robots or artificial intelligence 10 years from now, according to a study released Monday by the Korea Research Institute for Vocational Education and Training.

The study finds that 52 percent of jobs in Korea are at high risk of being automated in the next decade or more.

The prospects are bleakest in the transportation industry, where 81.3 percent can soon be replaced by robots or AI, followed by wholesale and retail (81.1 percent) and finance and insurance (78.9 percent).

Heres how Robots are affecting jobs in Korea
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Heres how Robots are affecting jobs in Korea

Over half of all jobs in Korea are likely to be replaced with robots in the next decade.

While some find this a huge leap forward for Korean technology, the majority of Koreans are very worried and stressed about their future.

According to research done by the Korea Research Institute for Vocational Education and Training (KRIVET), citizens over the age of 50, temporary employees, and high school drop-outs will suffer the most.

Those working in transportation, wholesale, and retail will be the most highly affected, as KRIVET found that 81.3% of jobs in those fields may be replaced with robots.