Young Job Seekers Crowd Into Finance as Inflation and Hiring Slump Raise Pressure

Young job seekers in South Korea are showing strong interest in finance as high inflation and a difficult hiring market persist. According to Maeil Business Newspaper’s “Kangaroo Tribe Escape” series, applicants cite three main reasons for choosing finance: high salaries, welfare benefits and job stability. In an unstable labor market with rising living costs, entering the financial sector is seen not just as a career choice but as a survival strategy for maintaining a middle-class life. Human resources teams say they now value the ability to adapt to AI and a clear growth story, rather than credentials alone. Still, the hiring threshold remains high, and competition among young applicants is expected to continue. Source: mk.co.kr