Most of them cite the unavailability of jobs offering desirable wages and working conditions. Read more at straitstimes.com.
SEOUL - The number of young people taking time off without seeking jobs or studying is on the rise, official statistics showed Sunday, as South Korea struggles to tackleThe number of employed people in their 20s declined 63,000 year-on-year in May to reach 3.83 million, marking a consecutive seven-month slump since November last year, according to Statistics Korea.
When asked about their participation in economic activity last month, 357,000 unemployed young people in their 20s reported they were taking a break without actively job hunting or preparing for work, indicating an increase of 36,000 compared to the previous year, The 20s age group was the only age bracket where a significant increase was observed in individuals who reported they were unemployed and not looking for jobs.
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