- Government focuses on measures for youth employment
On 15 March, the government announced comprehensive measures for youth employment, including support for companies which hire youth.
[ Four Areas of Youth Employment Measures]
| 1. Enhance support for income, housing, asset building for employed youth and companies creating jobs
2. Vitalize entrepreneurship 3. Create more opportunities for employment 4. Capacity building for start-up and employability |
- Government pushes forward with plans to prevent confusion resulting from reduction of working hours
The Ministry of Employment and Labor (MOEL) is planning to increase financial support to help the reduced working hours take root. The support contains labor support for new hiring, a wage subsidy for workers with fewer hours of work, and labor inspections.
[ Key Points in the MOEL’s Follow-up to Reduced Working Hours ]
| Main contents | |
| Subsidy | ▲ Financial support for new hiring and for reduced wages of incumbent workers |
| Voluntary reduction of working hours | ▲ Publish and distribute guidelines for reduction of working hours
▲ Support companies through the MOEL’s program to autonomously improve working conditions |
| Labor inspection | ▲ Establish and operate labor inspection teams by region
▲ More focused inspection of working hours |