In South Korea, nearly 3 out of 10 PhD graduates can’t find work
Nearly 30% of South Korean PhD graduates are unemployed, marking the highest rate since 2014. A recent government survey revealed that 29.6% of new doctoral degree holders are struggling to find work, highlighting a growing crisis for highly educated individuals in the country. This figure represents a significant increase from previous years, with the unemployment rate steadily climbing, indicating a troubling trend in the academic job market.
The unemployment crisis disproportionately affects young scholars under 30 and those with degrees in arts and humanities. The scarcity of high-quality, well-paid positions amid an economic slowdown is a major contributing factor, suggesting that even advanced degrees don't guarantee employment in the current climate. While fields like health, welfare, education, business, and law offer better prospects, the overall trend points to a challenging job market for South Korea's highly educated youth.
via SCMP Full Text Feed
Nearly 30% of South Korean PhD graduates are unemployed, marking the highest rate since 2014. A recent government survey revealed that 29.6% of new doctoral degree holders are struggling to find work, highlighting a growing crisis for highly educated individuals in the country. This figure represents a significant increase from previous years, with the unemployment rate steadily climbing, indicating a troubling trend in the academic job market.
The unemployment crisis disproportionately affects young scholars under 30 and those with degrees in arts and humanities. The scarcity of high-quality, well-paid positions amid an economic slowdown is a major contributing factor, suggesting that even advanced degrees don't guarantee employment in the current climate. While fields like health, welfare, education, business, and law offer better prospects, the overall trend points to a challenging job market for South Korea's highly educated youth.
via SCMP Full Text Feed
