Moon asks conglomerate leaders to continue hiring young people

SEOUL, Dec. 27 (Yonhap) – President Moon Jae-in met with conglomerate leaders on Monday and asked them to continue hiring young people in the face of the difficulties of the COVID-19 pandemic.

Moon made the remark during a luncheon for business executives participating in a government-run youth employment project called “Youth Hope ON.”

“South Korea’s rise to the status of an advanced nation, despite its small territory and lack of natural resources, is due to our well-educated and excellent talents and abundant human resources,” the president said. “Talent is the safest destination for a company’s investment.”

The lunch was attended by Samsung Electronics Vice Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-sun, LG Group Chairman Koo Kwang-mo, the KT CEO Ku Hyeon-mo and POSCO Chairman Choi Jeong -courtiser.

Moon expressed his gratitude to Samsung and Hyundai for their respective efforts to develop a talented workforce.

It was the first meeting between Moon and Samsung’s vice president since Lee was released from prison on parole in August.

Moon also said that the responsibility for creating good jobs ultimately rests with businesses, although the government can give its full support.

“I ask you to become the safe support of young people, so that they do not fall into a lost generation due to COVID-19,” he said.

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