New Korean Association for Creating Employment Established

The government has decided to establish a new “Korean Association for Creating Employment” under the presidency of the Prime Minister, Goh Kun, in order to implement concrete plans to create two million new jobs by 2008.

The Korean Association for Creating Employment will consist of representatives from the government, Labor, and the economic world. The government plans to let the Korean Confederation of Trade Unions participate in the organization.

In addition, the government expects to recruit 50,000 positions from University and Special Institute graduates. Out of 140,000 jobs, the government is determined to pursue employment for new employees from mostly small and medium-sized companies.

In preparing a reform measure for subcontracted labor of Hyundai Heavy Industries Co., Ltd, the government is planning to hold a meeting during the week that requires attendance from a representative from the Ministry of Justice, the Ministry of Labor, the Ministry of Commerce, Industry, and Energy, the Office for Government Policy Coordination, and the Fair Trade Commission.

Hyun-Doo Lee ruchi@donga.com