SEOUL: Outside class hours, Kim Kyung-wook delivers meals on foot to apartment blocks near his university in eastern Seoul, while constantly checking his phone to trade stocks, cryptocurrency and used Nike sneakers.
Despite being the most highly educated generation in the country's history, nearly one in every four Koreans in the 15-29 age group was effectively jobless as of May, far higher than the 13.5 per cent for the rest of the working population.For Lee Jung, a 27-year-old liberal arts major, news reports that employees of a state housing developer used insider information to benefit from runaway home prices in March was the last straw."It's hard enough to watch crazy apartment prices.
A 35 per cent increase in minimum wages since 2017 was another widely discussed policy, which critics argue led to a drop in low-paying jobs across retailers and the service sector. As elections approach, leading liberal contenders to succeed Moon are competing to regain the confidence of voters in their 20s and 30s, who make up about one third of the voting bloc.
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