South Korean firms want in-coming government to create more jobs

In a poll, 95 out of 157 local companies, or 60.5%, picked jobs creation as the top policy priority for the new government.
By: | March 15, 2022
Topics: News | Recruitment | South Korea

About six out of 10 South Korean businesses chose job creation as the top policy priority for the incoming government of President-elect Yoon Suk-yeol, according to a poll commissioned by the Federation of Korean Industries (FKI), the country’s top business lobby. 

“Local firms want the incoming government to focus on creating jobs in a bid to ease economic uncertainty from the COVID-19 pandemic and underpin the economic recovery,” said the FKI, according to Yonhap. 

95 out of 157 local companies, or 60.5%, picked job creation as the top policy priority for the new government. 

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Some 28.3% of respondents would like the new government to nurture future-oriented industries, 27.5% are seeking deregulation, while some 20.5% of firms want the competitive edge of the manufacturing sector to be raised. 

In his election campaign, President-elect Yoon promised to ease regulations and create business-friendly environments to help the private sector create more jobs.