The Finance Ministry announced on June 17 plans to roll out sector-specific job support measures for manufacturing, construction, agriculture and fisheries amid ongoing economic fallout from the Middle East crisis.
The country lost 40,000 jobs in May compared with a year earlier, the first decline in 17 months. The employment rate for people aged 15 to 29 fell 2.4 percentage points to 43.8 percent.
The Ministry of Finance and Economy and the Labor Ministry discussed three major challenges: demographic changes, growing preference for experienced hires and the Middle East crisis. The Finance Ministry said uncertainties persist despite a recent peace agreement.
The government will use all available policy tools to support the specified sectors and plans to strengthen employment incentives while responding to workforce shifts driven by AI.
