Support for Youth Employment: A New Initiative by Korea Technology Finance Corporation

In a significant move towards enhancing employment opportunities for youth preparing for independence, the Korea Technology Finance Corporation (KOTEC) has partnered with the Busan Metropolitan Citys dedicated support agency. This collaboration aims to provide essential resources and support for young individuals transitioning from child welfare facilities to the workforce, ensuring they have the necessary tools to succeed.

Under this agreement, KOTEC will implement a preferential scoring system during the hiring process for these youth, thereby widening their chances of securing employment. Additionally, selected candidates will receive financial support to alleviate the economic burdens associated with job searching. This initiative not only addresses immediate employment challenges but also fosters long-term economic independence for vulnerable youth.

As we look to the future, this partnership serves as a model for other regions and organizations to consider. How can we further innovate and expand support systems to empower young people in their journey towards self-sufficiency?

Original source: https://www.industrynews.co.kr/news/articleView.html?idxno=79266

• Youth Employment
• Economic Independence
• Social Responsibility