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Korea Herald
6 days ago
- Business
- Korea Herald
Former President Yoon Suk Yeol's aides offer to resign
Odd coexistence expected between President Lee Jae-myung and Yoon's ministers Ministers and vice ministers of the former Yoon Suk Yeol administration submitted their resignations to the Ministry of Personnel Management on Monday, a day before the June 3 presidential election. President Lee Jae-myung is expected to receive their resignation letters, but many speculate that the newly elected president will selectively accept resignations to minimize an administrative void. Dismissing all the Cabinet members at once would make it impossible for the new government to convene meetings, as Article 88 of the Constitution stipulates that the Cabinet is 'composed of the President, the Prime Minister and 15 to 30 ministers.' The quorum for a Cabinet meeting is a majority of the 21 members. Ministers and vice ministers under former President Park Geun-hye, who was South Korea's first president removed by impeachment in a Constitutional Court ruling in 2017, also submitted resignations en masse on May 8, 2017, two days before the early election. But former President Moon Jae-in only accepted the resignation of then-Prime Minister Hwang Kyo-ahn and decided to delay accepting the remaining ministers' resignations. Since Lee started his term without a presidential transition committee after removing the former president, like Moon, Lee is expected to hold several Cabinet meetings with ministers from Yoon's government.
Korea Herald
06-05-2025
- Business
- Korea Herald
Young job seekers prefer private sector: survey
Generation Z job seekers in South Korea said in a recent survey that they prefer jobs in the private sector to the public center, although a quarter of the respondents they would choose to be civil servants if the pay was higher. Local job-search platform Catch asked 2,074 job seekers in their 20s or younger about what type of employment they preferred, with 69 percent of the respondents saying that they have no intention to take the state civil service exam. When asked why they do not wish to become government workers, 42 percent cited low wages, and 20 percent said it did not match their personality. Even if the wages of a both public and private sectors are the same, 53 percent said they would work for the non-government company. Some 26 percent said they would consider civil servant work if the monthly wage for a Grade 9 civil servant was at least 3 million won ($2,158), while 25 percent it has to be at least 5 million won. The current monthly wage for the starting-level government official is 2.69 million won, while the nationwide average for yearly income was 43.32 million won as of the fourth quarter of 2024 — which is 3.6 million won per month. The same survey conducted last year found that 78 percent of Gen Z — those born after 1997 — do not prefer civil service jobs, with the respondents also citing low wages as the main reason. Working as a government official had once been seen as a dream job here, particularly in the wake of the economic crisis of the late 1990s, but the preference for the job has been on a downward trend in recent years. The acceptance rate at the Grade 9 level was one job offer per 24.3 applicants this year, up from the previous two years but down from 37.2 to 1 in 2020. Last year's report from Statistics Korea showed that of the 565,000 people aged 15-29 looking for jobs, 23.2 percent were looking to become civil servants while 29.7 percent were seeking to work in the private sector. Both the government workers and the general public believe low wages to be the main cause the job is losing its appeal, according to a November survey by the Ministry of Personnel Management on 27,000 civil servants and 3,000 members of the general public. some 88.3 percent of the government officials and 62.9 percent of the public said the relatively low pay is why decreasing number of people are choosing to work at state agencies.
