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“Busan Youth Employment Success Full Package Support” Agreement Signed (Nation’s First “Region-Based Youth Employment Support Model”)

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The Busan Metropolitan City (Mayor Park Heong-joon) announced that at 10:30 AM today (May 13), it will sign an MOU with the Busan Regional Employment and Labor Office (Director Kim Jun-hwi, hereafter “Labor Office”) for the “Busan Youth Employment Success Full Package Support” program in the City Hall’s International Protocol Room.

At the signing ceremony, Busan’s Vice Mayor for Administrative Affairs Lee Joon-seung and Director Kim Jun-hwi declared the official launch of the “region-based youth employment support model,” jointly driven by local and central government agencies. 

They pledged to provide job support that youth and companies can tangibly benefit from.

[Overview of the Signing Ceremony]

• ●Date/Time & Venue: May 13, 2025 (Tue), 10:30 AM / City Hall, 7F International Protocol Room

• ●Parties: Busan Metropolitan City (Vice Mayor Lee Joon-seung), Busan Regional Employment and Labor Office (Director Kim Jun-hwi)

• ●Main Topics: MOU to promote the “Busan Youth Employment Success Full Package,” define roles of each institution, and discuss cooperation matters

• ○City of Busan: Provides Youth Employment Advancement Grants (KRW 1 million per person, 1,200 people), designates and operates regional youth employment managers, offers tailored job counseling, consulting, and workplace adaptation support

• ○Labor Office: Provides Youth Employment Incentives (KRW 7.2 million per person, 1,200 people), offers corporate diagnostics and support, collects field opinions for policy linkage and recommends improvements to the central government

This agreement is a first-of-its-kind in the nation, jointly developed by the City and the Labor Office, creating a comprehensive support system that covers every stage of youth employment—from initial counseling and matching to workplace adaptation and retention. It aims to transform Busan into a city full of youth-friendly job opportunities that young people resonate with and want to stay in.

Through this MOU,

• ●The City will provide Youth Employment Advancement Grants

• ●The Labor Office will provide Youth Employment Incentives

The City will support up to KRW 1 million per person for youth who maintain employment for one year in local SMEs and mid-sized companies. It will also designate regional youth employment managers* who oversee personalized job matching programs, including counseling, field exploration, matching, and post-placement follow-up.

• ●Regional Counseling Agencies:

• ○(Central Busan) Youth Do-Dream Center, Job Growth Cafes #1 and #2

• ○(Old Downtown) Youth Center

• ○(Western Busan) Job Growth Café #3

The Labor Office will provide up to KRW 7.2 million in wage subsidies per youth hired by participating companies and will offer corporate diagnostic consulting and employment environment improvement services to enhance youth employment stability and employer satisfaction.

Youth wishing to participate must be under 39 years old and have their resident registration in Busan as of their employment date. Applications will be accepted from May 14 through December 31, 2025. Those who found jobs between April 1 and the public announcement date (May 14) may still qualify if they meet mandatory follow-up consultation requirements.

Applicants must first consult with a regional youth job coordinator and then submit their application in person, by fax, or email to the implementing agency (Busan Employers Federation or Busan Economic Promotion Agency).

For more information, contact:

• ●Busan Employers Federation (☎ 051-316-7411)

• ●Busan Economic Promotion Agency (☎ 051-816-4600)

Vice Mayor Lee Joon-seung stated,
“Youth unemployment remains a serious issue, and now is the time when stronger cooperation between agencies is more crucial than ever. Through this agreement, we will do our best to make this initiative a practical solution that helps youth settle in the region and becomes a best practice in solving youth employment challenges.”