Breaking
KRPeter Pan Dad Jeon Gyeong-cheol Dies at 64 After Cancer BattleCNIndonesia's Krakatoa volcano erupts, shutting down eight airports, stranding about 170,000 passengersDEA driver crashes into a rock wall on the B9 in the Mainz-Bingen districtKRLee Jae-sung records first Bundesliga assist as Mainz thrashes Hamburg 5-0INABVP Protests Turn Violent at MCD Headquarters Over Satya Niketan Building CollapseKRSouth Korean economy improves on AI-driven exports and investment, KDI saysVNGeneral Secretary and President To Lam and his wife set out to visit Russia, France and attend the Aerospace SummitINTLDaughter of fugitive developer falsified loan documents under father's pressure, Sydney court hearsESThe CENIF attributes the massive entry of migrants in Ceuta to a planned campaign on social networksSEThe moderates' policy risks the early release of rapists in SwedenKRPeter Pan Dad Jeon Gyeong-cheol Dies at 64 After Cancer BattleCNIndonesia's Krakatoa volcano erupts, shutting down eight airports, stranding about 170,000 passengersDEA driver crashes into a rock wall on the B9 in the Mainz-Bingen districtKRLee Jae-sung records first Bundesliga assist as Mainz thrashes Hamburg 5-0INABVP Protests Turn Violent at MCD Headquarters Over Satya Niketan Building CollapseKRSouth Korean economy improves on AI-driven exports and investment, KDI saysVNGeneral Secretary and President To Lam and his wife set out to visit Russia, France and attend the Aerospace SummitINTLDaughter of fugitive developer falsified loan documents under father's pressure, Sydney court hearsESThe CENIF attributes the massive entry of migrants in Ceuta to a planned campaign on social networksSEThe moderates' policy risks the early release of rapists in Sweden
BackOver half of unemployed young adults in South Korea report burnout, analysis shows
Over half of unemployed young adults in South Korea report burnout, analysis shows
Developing
Korea Herald30 minutes agoBusiness2 min readSouth Korea

Over half of unemployed young adults in South Korea report burnout, analysis shows

Quick Look

More than half of unemployed young adults aged 19-34 in South Korea have experienced burnout, compared to about a third of employed peers, according to a Federation of Korean Industries analysis of government survey data, with career anxiety cited as the leading cause across groups.

AI-generated summary

Why It Matters

The analysis is based on the 2024 Survey on the Lives of Young People conducted by South Korea's Office for Government Policy Coordination, which defines burnout as emotional exhaustion from work, job preparation, study or other demands.

Font size

More than half of unemployed young adults in South Korea have experienced burnout, compared with about a third of those with jobs, according to an analysis released Monday.

Among unemployed people aged 19-34, 52.7 percent reported experiencing burnout, 1.6 times the 32.4 percent recorded among employed people in the same age group, the Federation of Korean Industries said.

The business lobbyโ€™s analysis was based on microdata from the 2024 Survey on the Lives of Young People conducted by the Office for Government Policy Coordination. The survey describes burnout as a state of emotional exhaustion caused by work, job preparation, study or other demands.

The longer the job search, the higher the reported rate. Among unemployed young people who had been looking for work for at least a year, 61.8 percent said they had experienced burnout.

Employment stability also appeared to make a difference.

The burnout rate among young temporary and daily workers stood at 41.1 percent, compared with 29.6 percent among regular employees, whose employment contracts generally run for at least one year or have no fixed end date.

Anxiety about career prospects was the leading cause of burnout among both unemployed people and those in insecure employment.

Among unemployed respondents who had experienced burnout, 68.4 percent cited career anxiety as the main cause, but doubts about their work or job search accounted for another 9.9 percent. Work-life balance was the third most common reason, at 7.1 percent.

Career anxiety was also cited by 57 percent of temporary and daily workers who experienced burnout. Another 13.6 percent blamed excessive workloads, while 12.1 percent cited skepticism about their work.

The causes were more evenly distributed among regular employees. Excessive workloads ranked first at 23.2 percent, followed by career anxiety at 20.5 percent and skepticism about their work at 19.9 percent.

The FKI said difficulties finding work and insecurity after entering the labor market appear to be deepening burnout among young people.

It called for expanded vocational training, employment counseling and financial support for job seekers.

Separate government data underscore the challenges facing younger workers.

As of May, 605,000 young people had gone at least a year without finding their first job after completing school, accounting for 48.6 percent of those who had yet to secure employment. That was the highest proportion since 2009.

The number of regular employees aged 15-29 has also declined for four consecutive years, falling from 2.56 million in May 2022 to 2.12 million this May.

By comparison, the number of regular employees aged 60 or older reached 2.2 million, surpassing the younger group for the first time since comparable data became available in 2014. The two statistics use a narrower definition of youth than the burnout analysis, which covered people aged 19-34.

Open Questions

  • What specific vocational training programs does the FKI recommend?
  • How does burnout among South Korean youth compare to other OECD countries?
  • What financial support mechanisms are proposed for job seekers?

Related Topics

This article was originally published by Korea Herald.

Related Stories

Fair Trade Commission announces administrative notice of amendments to increase fines for violation of disclosure obligations by large conglomerates
Developingยท

Fair Trade Commission announces administrative notice of amendments to increase fines for violation of disclosure obligations by large conglomerates

The Fair Trade Commission announced that it will prepare an amendment to increase fines when companies belonging to business groups subject to disclosure repeatedly violate their disclosure obligations and will issue an administrative notice from the 8th to the 28th. The amendment increases the fine by 10% for one repeat violation, 30% for the second time, and 50% for three or more times, and is intended to increase the effectiveness of sanctions by deleting the existing reduction regulations based on the number of days of delay in public announcement, reduction regulations for first violation, and upper limit regulations for fines for small companies.

์—ฐํ•ฉ๋‰ด์Šค
2 min read
14 CEOs of the Financial Investment Association and securities companies visit Germany and Luxembourg to check investment opportunities in the AI โ€‹โ€‹and space industries
Developingยท

14 CEOs of the Financial Investment Association and securities companies visit Germany and Luxembourg to check investment opportunities in the AI โ€‹โ€‹and space industries

The 'Securities NPK' delegation, consisting of the Korea Financial Investment Association and 14 CEOs of domestic securities companies, will visit Berlin and Luxembourg, Germany from the 6th to the 12th to look at investment opportunities related to AI, digital finance, and the space industry through observation of IFA 2026 and meetings with the Space Agency and financial institutions.

์—ฐํ•ฉ๋‰ด์Šค
2 min read
Busan Port Authority selects three new companies for โ€˜1876 Busanโ€™ platform
Businessยท

Busan Port Authority selects three new companies for โ€˜1876 Busanโ€™ platform

The Busan Port Authority announced that it has selected three companies with AI-based port crane analysis, smart port operating system, and multinational logistics arrangement platform technologies as new tenants for '1876 Busan', a shipping port start-up support platform. Companies moving in will be provided with office space rent exemption, customized consultation, technology development consulting, commercialization support, investment linkage, and on-site demonstration opportunities at Busan Port.

์—ฐํ•ฉ๋‰ด์Šค
2 min read
More on this topicsouth korea