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S. KOREA'S LEE VOWS ALL-OUT EFFORT TO EASE YOUTH UNEMPLOYMENT.

AsiaPulse News

| December 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Dec 1 Asia Pulse - President Lee Myung-bak said Monday that his government will send upwards of 160,000 young South Koreans abroad for occupational training and volunteer services over the next five years as part of his effort to ease unemployment among the nation's youth.

In his biweekly radio address, Lee also said his government will put policy priority on creating more job opportunities for young people.

"The pain of youth unemployment is not restricted to the young people alone. It is a pain for their families and all people, as well as a big concern of the entire nation. I myself feel deeply sad about their unemployment," Lee said in the nationwide broadcast.

"The government will develop various vocational programs and extend its maximum support to unemployed youth. It's not desirable to passively wait for good employers. The important thing is the can-do spirit," said the president.

Lee said his government has allotted a special budget of 750 billion won (US$514 million) for 2009 as part of its plan to send a total of 100,000 young volunteers overseas over the next five years.

The president also vowed to send about 60,000 young Koreans ...

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