South Korea banks on beating unemployment

2012-08-14 19

In South Korea, the youth unemployment rate is double the national average.

Many young Koreans find it difficult to find a job after they graduate.

So Yoo Ran, a 24 year old college graduate could not keep a full-time job after leaving college.

This has changed now since she joined a bank initiative set by South Korea's Youth Union aimed to help reduce youth unemployments.

"Up until June I was still looking for a job, but I couldn’t find one I liked. So I started to volunteer at that Youth Solidarity Bank, in a sense to hang out. But now I get paid, doing something I love to do."

Al Jazeera's Harry Fawcett reports from Seoul, South Korea.

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