Wednesday 8 November 2017



When Graduates Become Janitors

The issue of unemployment is fast becoming a global problem with several higher institutiongraduates being under-valued at the labour market.

 
 
The job market for South Korean graduates is becoming tougher as a record number of students look for work. Earlier this year youth unemployment rose above 10 per cent  for the first time in almost two decades and stands at around 11 per cent – three times the overall jobless rate, despite the country’s current high economic growth.
 
The squeeze on graduate employment has sparked headlines such as this one in the Korea Times, “University Graduates Face Fierce Competition to Become Janitors”.
 
The article referred to a survey of 66 applicants for janitor jobs in one of the districts of the capital Seoul, a third of whom had university degrees. The district hired only four of them – three with university degrees and the fourth with a community college degree.
 
South Korea has the world’s highest proportion of students going on to university – 70 per cent of high school graduates go on to higher education, and an economic tightening has meant difficult times for university graduates.
 
Labour Minister Lee Ki-kwon said earlier this year that young jobseekers, including graduates who left university in February, could face the toughest job market since the late 1990s when Asia faced an economic crisis and the youth unemployment rate hit an all-time high of 13.4 per cent in February 1999.
 
In a survey conducted by the Korea Economic Research Institute and released in October, of some 5,270 university students and recent graduates, more than one third of respondents said they found it more difficult to find a job this year than last year. Only 9 per cent said the job market had somewhat improved.
 
Amid huge pressure from their parents that the only jobs worth having are those with Korea’s top conglomerates, most jobseekers said they hoped to work for high-paying jobs at conglomerates last year, but in this year’s survey they seemed to turn to more secure public companies – with a quarter saying they preferred the state-run sector.
 
According to a research paper released by Hyundai Economic Research Institute in April, the number of entrants for the civil service examination increased from 185,000 in 2011 to 257,000 last year, with graduates attracted by the security of civil service jobs.
 
Students and young graduates voted in droves for President Moon Jae-in who won the presidential elections in May, in part promising to ease youth unemployment by creating more jobs in the public sector. He described himself as the “jobs president” during his election campaign.
 
Moon has said he wants to convert contract workers to permanent positions and create 810,000 new public-sector jobs over the next five years, an increase of more than 60 per cent, which will cost the government $18bn.
 
The government in July implemented blind recruitment, scrapping educational background (to reduce an over-reliance on graduates from a handful of top universities), age, photographs (which led to a boom in plastic surgery), and height and weight statistics on applications for public organisations.
 
The policy does not affect private sector companies, although the ministry of labour has said it will push a new law against private companies’ irrelevant and often intrusive questions on job applications.
 
Source: Punch
OR



Tonygists with a domain of www.tonygists.com has moved to a new domain www.tonygist.com to serve you better... Tonygist is still under the custody of Tony Odijie.....But you can still connect with us on our social media handles eg Facebook , Instagram , Youtube1 , Youtube2 Twitter as Tonygists. Our android application still remains the same as Tonygists on Google play store. Thanks for your understanding

OR


Subscribe to Tonygists by Email

Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 
OR

 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
  Read This http://go.oclaserver.com/afu.php?zoneid=1356862
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING


OR


OR


Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads