2019 Grammys

19 Feb 19
downthetubes.net

Kids have revealed their predictions for the winners of the BRIT Awards 2019 in new research by Beano.com – and Dennis artist Nigel Parkinson has Beano-fied some of the music stars, including George Ezra, Ariana Grande and Little Mix! A poll on Beano.com of 1,500 children revealed that George Ezra, Anne-Marie and Little Mix are […]

19 Feb 19
Hi-Fi Way: The Pop Chronicles

Grammy Award winning artist Jeff Tweedy has today announced his first ever solo tour of Australia. Jeff Tweedy will be playing songs from all stages of his career to date. Joining him will be Australian singer-songwriter Jen Cloher, excluding Meeniyan Town Hall. As a founding member and leader of the American rock band Wilco, and […]

19 Feb 19
aquickword

The show put on last week for the 61st Grammy’s had a sense of full-on spice up your life girl-power- a woman’s touch to an award show that certainly doesn’t seem out of the blue in a time when feminist movements of gender politics in the showbiz world have come to the forefront yet again, […]

19 Feb 19
Overthinking With Dave

For Such A Time As This: The Will To Meaning in Fatalistic Serendipity By David Metcalfe February 19, 2019 The (almost) Holocaust and the Serendipitous Savior One evening, King Xerxes and his bros were hanging out in the palace, celebrating a 180 day feast (seems like a reasonable amount of time for a feast). The […]

19 Feb 19
Rightways

In a tough market, young South Koreans dream for the security of government jobs instead of tech innovation and K-pop success.

For more than three years, Kim Ju-hee has been studying full time for an exam that feels like her only shot at a good life in South Korea.

She’s lost count of how many times she’s taken the nation’s civil service exam and failed — though she knows it’s been at least 10. The 26-year-old is not sure what she’ll do if she fails again, so she figures that spending more than eight hours a day studying for her next try, on April 6, makes sense.

Kim hopes to become a government tax clerk, which offers a starting salary of about $17,000, and work for the government until retirement.

“There just aren’t other good jobs,” she said in a phone interview from her home in Seoul, where she lives with her parents.

The most sought-after careers among teenagers and young adults in South Korea, Asia’s fourth-largest economy, are government jobs they can count on to get them to their golden years, not jobs innovating and helping companies grow in the private sector.

Analysts say it’s a symptom of the nation’s slowing economic growth and competition from China in export-driven industries that young South Koreans, about a fifth of the 51 million population, are flocking to what they consider risk-free government jobs not vulnerable to the vicissitudes of the economy. The situation is particularly concerning because it was private companies in sectors like electronics, autos and shipbuilding that fueled South Korea’s rapid growth from one of the world’s poorest nations in the 1960s into an economic powerhouse, analysts say.

Many young people in South Korea say they don’t expect nongovernment job prospects to improve anytime soon despite a host of measures announced by South Korean President Moon Jae-in nearly a year ago to boost employment, including government stipends to companies.

South Korean President Moon Jae-in, right, puts on a safety helmet during his tour of a hydrogen plant in Ulsan, South Korea. Critics have pointed to the lackluster economy to say the president should be focusing on bettering South Korean lives, engaging with North Korea.

South Korean President Moon Jae-in, right, puts on a safety helmet during his
tour of a hydrogen plant in Ulsan, South Korea. Critics have pointed to the lackluster economy to say the president should be focusing on bettering South Korean lives, engaging with North Korea. (YONHAP / EPA-EFE / REX)

Unemployment among those ages 15 to 29 reached 11.6% last spring — a level Moon called catastrophic, compared with a jobless rate that hovered between 3% and 4% for the rest of the country’s workforce. Taking into account young adults who are working part-time jobs or studying for an employment exam like Kim, nearly 1 in 4 are out of a job. By comparison, in the U.S., unemployment among those ages 15 to 24 fluctuated between 8% and 9% in 2018. South Korea uses a different age bracket to calculate its youth unemployment because of mandatory two-year military service.

The desire for stability and security starts so young that 1 in 4 middle school students say they dream of one day becoming not a K-pop star or the next Steve Jobs, but a public sector bureaucrat, according to a government survey from 2017.

Many South Koreans worry far more about jobs and the economy than they do about the nuclear threat from North Korea. Conservatives in South Korea who are critical of Moon’s efforts at detente with North Korea point to the economy, saying his focus should be on bettering lives in South Korea, not on engaging with the North.

Competition for South Korea’s 1.07 million government jobs is fierce. In one round of exams Kim took last year, more than 200,000 people applied, and the 4,953 highest-scoring candidates were hired for open positions — an acceptance rate of 2.4%. By comparison, Harvard’s 2018 acceptance rate was 4.59%.

Kim Y.H., 22, who is about to graduate from college in February with a degree in Japanese, recently began studying for a civil service exam to become a customs agent. She said the popularity of public sector jobs was a sign that her generation is pessimistic about South Korea’s economic outlook.

“The country won’t guarantee your future, even if you’re a college graduate,” she said. “So of course we want to go with the most stable path that’s out there.”

There isn’t the expectation that you’ll grow or get good treatment in the private sector. People choose stability over risk or challenge.
Joo Won, economist

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One research report published last year estimated that as many as half a million South Koreans were studying for civil service exams full time instead of working. In 2017, the Hyundai Research Institute estimated that the economic cost from the lost work potential of so many young people spending years studying to get government jobs, rather than joining the private workforce, was more than $15 billion.

Moon’s administration has tried to encourage employment among young adults by paying small and medium-sized businesses to hire them, and by offering government-matched savings programs for young workers. He has also pledged to add 174,000 government jobs by 2022 to meet the heightened demand.

Some analysts, however, say the administration’s stopgap measures won’t do much to fix the problems underlying the push for government jobs.

“There isn’t the expectation that you’ll grow or get good treatment in the private sector. People choose stability over risk or challenge,” said Joo Won, one of the authors of the Hyundai study. “There are only so many public sector jobs the government can create. It won’t fix the situation.”

Many analysts point to the widening gap between the behemoth family-owned conglomerates that dominate the South Korean economy, such as Samsung and LG, and other companies. Large corporations including the chaebol, as they are known, accounted for about half of the revenue in South Korea in 2017 but provided only 20% of the jobs in the country, according to the most recent figures available from the government. And while their share of the economy grew, the number of jobs they offered dropped, because of consolidation and downsizing within the corporations amid the economic slowdown.