South Korea's presidential committee on job creation held its 7th meeting on Tuesday… and vowed to boost employment in three promising industrial sectors by 2022.
The plans aim to create 112-thousand jobs in biohealth, software, and intellectual property industries by 2022… by spending more than 549.2 million U.S. dollars in those sectors next year.
The government sees biohealth as a growing industry in a rapidly aging society and aims to create 42-thousand jobs in this sector.
The Ministry of Health and Welfare said it will look to foster the pharmaceutical, medical equipment, and cosmetics sectors and support overseas projects.
The government is also targeting the software industry in order to help the country meet the needs of the fourth industrial revolution.
South Korea's Ministry of Science and ICT aims to create 24-thousand more jobs…by supporting 35 universities which focus on software by next year…up from 25 this year.
The ministry said it will also look to foster artificial intelligence graduate schools… to train skilled scientists in the field.
And 46-thousand jobs will be created in the intellectual property sector.
The Korean intellectual property office will strive to connect students, universities, and companies in related fields.
It will encourage universities to provide intellectual property classes, and companies to hire those students who complete the session.
These efforts to boost job creation come after the number of newly employed people in South Korea hit its lowest level since 2010 in July.
Ko Roon-hee, Arirang News.