Technology9/18/2025Bloomberg

Samsung, SK, Hyundai Plan Hiring Spree to Boost Korea Youth Jobs

Samsung, SK, Hyundai Plan Hiring Spree to Boost Korea Youth Jobs

South Korea's top conglomerates, Samsung Group, SK Group, and Hyundai Motor Group, have announced plans to hire thousands of workers this year. This move is seen as a response to President Lee Jae Myung's call to address the declining youth employment in the country. The hiring spree is expected to create job opportunities for the country's young population, who have been facing challenges in securing employment. The companies' decision to increase their workforce is a positive development for the South Korean economy, as it aims to provide stable job prospects for the youth. The announcement by these major conglomerates is a significant step towards addressing the youth employment issue in South Korea. It demonstrates the willingness of the private sector to collaborate with the government in tackling this pressing concern and fostering a more robust and inclusive job market.

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