[Anchor]

President Lee Jae-myung has pointed out that asset polarization exists behind the boom in the semiconductor industry and the rapid growth of the stock market. He emphasized that the younger generation is the most alienated, and the government must take this to heart.

Reporter Park Yerim has the story.

[Reporter]

Presiding over his first Cabinet meeting since his tour of Europe, President Lee Jae-myung highlighted asset polarization as the shadow cast by the semiconductor industry's boom and the sharp rise in the stock market.

He stressed that the younger generation is the most alienated group in the current era and that they must be provided with more opportunities.

[President Lee Jae-myung: The government must take to heart the sense of alienation felt by young people, for whom record-breaking bonuses or record-high KOSPI indices feel like a story from another world.]

President Lee cited the "Youth Future Savings" program, which helps young people build assets, as an example, and emphasized the need for swift policies in areas such as employment, startups, and housing.

He also issued instructions to allocate additional budget to support applicants even if the number of participants exceeds the initial limit.

[President Lee Jae-myung: Even if it exceeds the limit, we should accept everyone, even if it means injecting additional budget? (Yes, we will do so.) Then do it, just do it.]

On June 22, the polling agency Realmeter released data showing that President Lee Jae-myung's approval rating for the third week of June stood at 46.7%, a 4.8 percentage point drop from the previous week. Notably, support among those in their 20s fell by 6.2 percentage points.

A presidential office official explained the background, stating, "Policy moves to boost approval ratings among the youth are something a politician should naturally do," and added, "We will focus more on youth policies moving forward."

(Video coverage: Jung Sang-bo, Ha Ryung | Video editing: Nam Il | Design: Seo Seung-hyun)