President Lee Jae Myung / Yonhap
President Lee Jae Myung on Friday called for reforming policies for young people in a way that identifies and addresses their actual needs amid an era of jobless economic growth and fewer opportunities.
The president made the remarks during a meeting with youth policy experts and presidential officials, organized to enhance policy effectiveness and discuss ways to reorganize state administration in favor of young people.
Lee said that South Korea has entered a phase of low economic growth that requires more maintenance and management than expansion, resulting in fewer opportunities.
"The latest growth recovery appears to be growth without employment that does not require much labor," the president said, adding that the emergence of artificial intelligence (AI) may create fewer jobs than before even amid economic growth.
