South Korea to boost visas for skilled workers amid labor shortages

South Korea to boost visas for skilled workers amid labor shortages

South Korea to boost visas for skilled workers amid labor shortages

SEOUL — South Korea will enhance its annual quota of visas for expert staff to greater than 30,000 this yr from 2,000 a yr in the past, to assist corporations battling a workers crunch, the justice minister mentioned on Wednesday.

With youthful South Koreans reluctant to take up blue-collar jobs, the economic and farming sectors of Asia’s fourth-largest financial system are struggling to fill vacancies.

“As we are expanding the number by 30-fold at once…there will be no talk of foreigners unable to come due to insufficient quota,” the presidential workplace quoted Justice Minister Han Dong-hoon as telling a authorities assembly.

The comparability was to the determine of about 1,000 in 2020, the minister added.

South Korea, which initially deliberate a cap of 5,000 for such E-7-4 visas this yr, may even calm down software standards and let corporations rent extra foreigners, the ministry mentioned, in response to trade requests. — Reuters

Source: www.gmanetwork.com