Korea's Largest Co-Prosperity Job Fair Draws 5,800 Young Job Seekers

Day 2 of '2026 Korea Co-Prosperity Recruitment Fair' Record 700 Companies Including Suppliers Participate "AI-Driven Job Losses, Opportunities in Semiconductors" Regional Strong Firms Facing Labor Shortage: "Even One Hire Is a Blessing"

Finance|
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By Seo Jong-gap
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A jobseeker holds a résumé while reviewing recruitment postings at the 2026 Korea Shared Growth Job Fair held at the aT Center in Seoul's Seocho district on the 28th. The fair, featuring about 700 companies online and offline including 15 major conglomerates such as Samsung, SK, Hyundai Motor and LG, was organized to improve deteriorating youth employment indicators and address labor supply-demand imbalances at industrial sites. Photo by Cho Tae-hyung - Seoul Economic Daily Finance News from South Korea
A jobseeker holds a résumé while reviewing recruitment postings at the 2026 Korea Shared Growth Job Fair held at the aT Center in Seoul's Seocho district on the 28th. The fair, featuring about 700 companies online and offline including 15 major conglomerates such as Samsung, SK, Hyundai Motor and LG, was organized to improve deteriorating youth employment indicators and address labor supply-demand imbalances at industrial sites. Photo by Cho Tae-hyung

"School job fairs are dominated by flashy large corporations where you only hear 'nice words,' but here I could meet supplier and mid-sized company representatives directly and get realistic advice, which was a huge help."

At the '2026 Korea Co-Prosperity Recruitment Fair' held at aT Center in Seocho-gu, Seoul on Saturday, a job seeker about to complete a master's degree in an IT-related field at a metropolitan area university spoke with an excited expression. Citing how the recent spread of artificial intelligence (AI) technology has raised the barriers for pure IT positions, he added, "I discovered new employment opportunities in fields I had never considered before, such as semiconductor materials, components, and equipment companies."

Co-hosted by the Federation of Korean Industries (FKI), the Ministry of Employment and Labor, and 15 major conglomerates including Samsung, SK (034730.KS), Hyundai Motor (005380.KS), and LG (003550.KS), the event emphasized "co-prosperity" to address the youth employment cliff. Approximately 700 companies participated, both online and offline—the largest scale ever. Over the two-day event starting Friday, roughly 3,800 job seekers attended on the first day and about 2,000 by 11 a.m. on the second day, bringing the total to around 5,800 and generating intense enthusiasm.

The fair focused on practical "matching" beyond simply delivering information. A notable feature was that quality suppliers previously overshadowed by the brand power of large corporations took center stage. Park, a second-year job seeker, said, "I thought it would be somewhat quiet since it's not the major recruitment season, but on the contrary, only companies genuinely looking to hire were gathered here, allowing for much more serious consultations."

However, the "labor mismatch" at industrial sites remained a challenge. Materials, components, and equipment companies flooded with orders amid the semiconductor super-cycle (long-term boom) continued to complain of labor shortages. A recruitment manager at a semiconductor equipment company headquartered in Chungcheong Province said, "We're extremely busy, but because our company is located in the provinces and has low name recognition, only about 50 people visited our booth over the two days." He added, "Still, if we can secure even one more talented person through this kind of event, we are deeply grateful."

Job seekers also showed keen interest in talent development programs run by large corporations. In particular, job competency enhancement programs such as "AI transition training" offered to humanities majors serve as a much-needed relief amid the employment freeze.

Cha, a third-year job seeker, said, "Being able to utilize the training infrastructure of large corporations is very positive," while candidly sharing on-the-ground concerns. He suggested, "I hope the government strengthens a system to officially certify completion of such training. If we can ease the burden on job seekers who must obtain double or triple certifications to get hired, both companies and job seekers could achieve a win-win."

Behind the surge of young people flocking to the fair lie increasingly worsening employment indicators. According to the Korea Data Agency, the number of employed youth (ages 15-29) has declined for 41 consecutive months, and new hiring announcements from large and mid-sized companies have also plummeted to roughly half the level of the previous year.

With the preference for experienced hires becoming more pronounced, new job seekers are finding less room to stand. A human resources manager conducting recruitment consultations on-site diagnosed, "Because we are looking for talent who can immediately demonstrate job competency, even new recruits feel significant anxiety about their practical experience."

An FKI official who organized the event stressed, "This fair was designed so that the trickle-down effect from large corporations leads to more active hiring at small and mid-sized companies. We will focus on creating a virtuous cycle in which young people can find meaningful first jobs, rather than letting this end as a one-off event."

The government and business community plan to continue follow-up support for young job seekers by operating an online recruitment hall through July after the fair concludes.

Jobseekers receive recruitment consultations at the 2026 Korea Shared Growth Job Fair held at the aT Center in Seoul's Seocho district on the 28th. The fair, featuring about 700 companies online and offline including 15 major conglomerates such as Samsung, SK, Hyundai Motor and LG, was organized to improve deteriorating youth employment indicators and address labor supply-demand imbalances at industrial sites. Photo by Cho Tae-hyung - Seoul Economic Daily Finance News from South Korea
Jobseekers receive recruitment consultations at the 2026 Korea Shared Growth Job Fair held at the aT Center in Seoul's Seocho district on the 28th. The fair, featuring about 700 companies online and offline including 15 major conglomerates such as Samsung, SK, Hyundai Motor and LG, was organized to improve deteriorating youth employment indicators and address labor supply-demand imbalances at industrial sites. Photo by Cho Tae-hyung

Original reporting by Seo Jong-gap for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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