유일호 “고용률 70% 달성 어려워”… 하지만 고용 대책 효과 기대
Achieving the target may be difficult but pursuing the right policy will be key to boost employment.
That’s according to Seoul’s finance chief today.
Our Lee Min-young has the details.
In a business forum held in Incheon on Thursday, finance minister Yoo Il-ho projected that it would be difficult to heave up the employment rate to 70-percent…which has been an important policy goal of President Park Geun-hye since she took the presidential office.
Three years ago, the current administration laid out a policy road map to address an all-time-high unemployment rate,…and pledged to raise the employment rate up to 70-percent by the end of President Park’s term…which is next year.
The employment rate stood at 65-point-7 percent as of 2015…a figure slightly below the target.
However, Yoo said hitting the 70-percent mark seems unlikely.
The job market outlook has not been rosy due to a record-high youth unemployment rate….with figures reaching up to 1.21 million as of March this year.
Moreover, large-scale restructuring of the country’s shipping and shipbuilding industries is expected to create a huge wave of unemployment.
To address this issue, Minister Yoo underscored the urgency of passing labor reform bills…which failed to pass the 19th national assembly.
The labor reform act aims to give much more flexibility in the job market, but guidelines such as allowing companies to discharge underperforming employees have triggered vehement opposition from labor unions.
Yoo stressed that the labor reform bill will hedge against possible mass unemployment with the fourth industrial revolution on track,…and will help workers adjust to the changing business landscape.
At the forum, the finance minister also addressed outstanding issues remaining unresolved… such as record-low international oil price and climate change.
Lee Minyoung, Arirang News.
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