President Lee: "Behind the semiconductor boom lies polarization... young people are the biggest outsiders"

[Financial News] President Lee Jae-myung said on the 23rd, "There have been dazzling achievements, including the semiconductor boom and the sharp rise in the stock market, but behind them lies a deep shadow of asset polarization." He added, "In particular, the younger generation, which lacks opportunities to build assets through stable jobs and income, is the most marginalized group of our time."
At the State Council and Emergency Economic Review Meeting he chaired at the Blue House that day, Lee said, "Careful and steady efforts to give young people more opportunities across all policy areas are therefore even more important."
Lee pointed out, "The government must take to heart the sense of alienation among young people, who feel that record-high bonuses or even a record-high KOSPI index are stories from another world."
He also emphasized, "Careful and steady efforts to give young people more opportunities across all policy areas are therefore even more important. As part of that effort, applications for Youth Future Savings began yesterday. Please do your utmost to promote and manage the policy so that it can help young people build stable assets."
Lee also instructed officials to "promptly finalize and swiftly implement policies that will substantially and dramatically expand the ladder of opportunity across every aspect of young people's lives, including jobs, asset building, entrepreneurship, and housing."
cjk@fnnews.com Choi Jong-geun Reporter