More Korean’s in Their 20s Giving Up on Job Searching

Government data showed today that a record number of South Koreans in their 20s gave up their search for work in November amid a severe job crunch.

According to the data from Statistics Korea, a total of 284,000 South Korean 20-somethings were outside the labor force and did nothing to look for jobs last month,.
The tally was up 48,500 from a year earlier and marked the highest-ever level for November.

The number of 20-somethings giving up looking for work had been on the rise over the past several months amid difficulties finding jobs in Asia’s fourth-largest economy.

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