second take
THE KOREA HERALD: Economy needs more than a short-term jobs boost
27 April 2020 - 21:46
The government has vowed to create 550,000 jobs directly with 3.6-trillion won in response to the unemployment shock from the novel coronavirus. It will also create a 40-trillion won fund to prevent mass layoffs in key industries.
Most of the jobs to be created with taxes are temporary. They are similar to the part-time jobs created for seniors, such as school crossing guards and picking up cigarette butts. They are not long-term, sustainable jobs...
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