Latest Rolling Recruitment News & Updates

South Korean Youth Face Economic Pressures Due to Long Job Searches and Rising Housing Costs

By

Seoul, Jan 19 (IANS) Longer job searches and rising housing costs are intensifying economic pressure on young South Koreans amid the country’s structural challenges and sluggish growth, a central bank report said on Monday.According to a report on youth economic conditions released by the Bank of Korea (BOK), many young job seekers are experiencing prolonged job searches early in their careers as companies increasingly favour experienced workers and expand rolling recruitment, rather than the tr…