South Korea will make more job opportunites

South Korea said Thursday it aimed to create more than 2,50,000 new jobs this year because the employment market remains fragile despite a growing economic recovery. The figure is higher than an earlier target of 2,00,000, the government said in a statement after a meeting of economy-related ministries. About 890,000 people were officially listed as jobless at the end of last year. But the government estimates the actual number at 1.82 million, including people with only temporary jobs and others who are not actively looking for work. 'Despite the fast-recovering economy, employment conditions remain in a slump as they usually lag behind the pace of a rebound,' the statement said. Finance minister Yoon Jeung-Hyun said the government would provide tax and other benefits to small and medium-sized companies to support recruitment.