President Lee: "Semiconductor Boom Masks Polarization; Youth Are the Most Marginalized"

President Lee Jae-myung stated, "While the semiconductor boom has led to the dazzling achievement of a rapidly growing stock market, a dark shadow of asset polarization is cast behind it," adding, "In particular, the youth generation, who lack the very opportunity to build assets through stable jobs and income, are the most marginalized."

President Lee made these remarks during the 27th Cabinet meeting and the 12th emergency economic review meeting held at the Blue House this morning (June 23), emphasizing, "It is crucial to make meticulous efforts to provide more opportunities for young people across all policy areas."

He further pointed out, "The government must take to heart the sense of alienation felt by young people, for whom record-breaking bonuses and record-high KOSPI indices feel like stories from another world."

He continued by ordering consistent policy efforts, saying, "There is no 'royal road' to resolve the problems faced by the youth generation all at once. If there were, it would have already been implemented."

President Lee urged, "As part of this effort, applications for the youth future savings account have begun. Please ensure thorough promotion and management of the policy so that it helps young people build stable assets," and added, "Please speed up the implementation of policies to dramatically and substantially expand the ladder of opportunity across all areas of youth life."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.