S. Korean president vows to create more job opportunities

14:50, January 21, 2010      

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South Korean President Lee Myung-bak said Thursday his government will put job creation as a main priority this year, and vowed to work towards resolving the unemployment issue quicker than any other Organization for Economic Co-operation and Development (OECD) countries, local media reported.

"The main goal of this year's national policy is to create jobs, " Lee said at a monthly meeting for strategizing national employment growth, the first of which he newly launched this year.

"The government will do its best for a speedy employment growth this year, so as to become the fastest nation among OECD members to solve the issue," Lee was quoted by Seoul's Yonhap News Agency.

Lee stressed it is the business sector's role to actually create jobs and that the government will provide all the support it needs for a faster employment growth, as he said the issue will be an important agenda item at the G20 summit meeting to be held in Seoul in November.

The OECD said on Monday that South Korea's economic stimulus package generated 200,000 new jobs in 2009, and in an earlier forecast said that the South Korean economy will likely post a 4.4 percent growth for the year of 2010, a higher rate than its neighboring countries.

Source: Xinhua
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