Korean society: Can’t get a job even with a high degree of education: Get a job in Japan

Korean society: Can’t get a job even with a high degree of education: Get a job in Japan

Severe employment situation in South Korea:

A man who graduated from a prestigious university in South Korea.

The man also studied abroad at Kyoto University.

He got a job at a Japanese company, not South Korea.

When I interviewed the reason, there was a severe job hunting situation in Korean society.

Three famous universities “SKY”:

The man passed the exam at a university called “SKY” in South Korea.

“One of the three famous universities in Seoul, Koryo (Koryo), and Yonsei (Yonsei)” Koryo University.

“Specs” are essential for employment:

Men desperately accumulated the achievements of “specs” while attending school.

NGO activities to support children in Africa,
Intern at the Seoul High Court,
Research assistance at research institutes under political parties,
Study abroad at Kyoto University in Japan,

The number of large Korean companies is small: (2019, Korea Statistical Office)

The number of companies defined as large companies in South Korea is 2391.

The ratio of large companies is only 0.3% of the total.

Only 20% of people work in large companies.

Corporate salary gap: (2019, Korea Statistical Office)

Large company 5.15 million won (about 490,000 yen)
SMEs 2.45 million won (about 230,000 yen)
The wages of large companies are more than double that of small and medium-sized companies.

Worst unemployment rate of Korean youth: (Korea Statistics Korea)

Youth between the ages of 15 and 29 in South Korea in 2020.

The unemployment rate is 9%, which is much higher than the overall unemployment rate of 4%.

Chronic employment difficulties seem to be a social problem.

Looking for a job in Japan:

An increasing number of highly educated students are trying to find a job in Japan.

Korean government:

We are promoting support to make it easier for job hunters to find employment overseas.

With support in 2013, there are 296 Korean job hunters who got a job in Japan.
That number increased to 2469 in 2019, eight times more rapidly.

International Feature | NHK News

https://www3.nhk.or.jp/news/html/20210315/k10012915581000.html

Employment in Korea emphasizes educational background and specifications-Overseas ZINE

https://locotabi.jp/kaigaizine/work-korea

Foreign direct investment in South Korea: decrease for 2 consecutive years

-First time since 2007-

Korea Ministry of Trade, Industry and Energy:

Last year’s foreign direct investment was $ 20,750 million (¥ 2,265 billion)

Foreign direct investment decreased by 11.1% year-on-year.

Following 2019 (-13.1%), it has been downhill for the second consecutive year.

This is the first time since it shrank for the third consecutive year from 2005 to 2007.

Foreign direct investment by Korean companies also decreased:

Foreign direct investment by Korean companies, which has been steadily increasing so far, is also retreating.

It started to decrease from last year and is $ 54,910 million.

It decreased by 14.6% compared to 2019.

Joongang Ilbo 

https://s.japanese.joins.com/JArticle/276558?sectcode=300&servcode=300