Daegu Youth Return Project 2022: Grants for 40 Participants

Daegu City is launching a new initiative aimed at bolstering youth employment in emerging industries and digital technology sectors. The “Youth Return Channel Construction Project,” set to begin July 25, 2022, will provide opportunities for 40 unemployed young people through a structured work experience program.

The project, now in its fifth year – having been initially launched in 2018 – represents a significant investment in Daegu’s future workforce. Previous iterations of the ‘Yes Matching’ project, as it’s known locally, have connected 251 unemployed youth with 171 local companies, resulting in 140 successful full-time placements. This year’s program distinguishes itself with an extended duration, increasing from eight months to 24 months, and the introduction of a retention incentive designed to encourage long-term employment.

The core of the program focuses on bridging the gap between academic qualifications and the practical skills demanded by the modern job market. Participants, aged between 19 and 39 as of their hiring date and either residents of or planning to relocate to Daegu City, will gain valuable work experience and career exploration opportunities within new and rapidly evolving industries. The emphasis on digital fields reflects a broader trend in regional economic development, acknowledging the increasing importance of technology-driven jobs.

The city’s commitment to facilitating these connections extends beyond the direct placement program. On March 3rd, Daegu will host an Itgi Expo, a job fair specifically designed to connect job seekers with potential employers. This event will provide a platform for young people to gather on-site information about companies and career paths aligned with their interests. Information about participating companies is also readily available through the Daegu youth community portal, ‘Jeolmpeu,’ and the ‘Itgi Expo’ website.

The selection process for the 40 participants will be competitive, with final candidates commencing their work experience on April 1st. The program’s success hinges on a collaborative approach, fostering growth for both the young job seekers and the local companies providing the opportunities. The extended duration of the program – 24 months compared to the previous eight – suggests a shift towards a more comprehensive and impactful work experience, allowing participants to develop deeper skills and build stronger relationships with their employers.

The ‘Yes Matching’ project isn’t operating in isolation. Daegu City also offers a separate ‘Youth Social Participation Support System’ providing a 300,000 won (approximately $230 USD as of February 14, 2026) grant to unemployed youth aged 19-34, provided they receive one-on-one counseling through a youth counseling center. This initiative, available to residents of Daegu, is offered on a first-come, first-served basis, with approximately 230 individuals supported each month. Eligibility is tied to residency and income levels, with applicants needing to meet a criteria of 150% or less of the median income.

The broader context of youth unemployment in South Korea is one of ongoing concern. While specific national statistics weren’t provided, regional initiatives like Daegu’s ‘Yes Matching’ project and the ‘Youth Social Participation Support System’ demonstrate a proactive approach to addressing this challenge at the local level. These programs aim to not only provide immediate employment opportunities but also to equip young people with the skills and resources necessary to navigate a competitive job market.

The focus on new industries and digital technology is particularly noteworthy. South Korea is a global leader in technological innovation, and Daegu’s efforts to cultivate a skilled workforce in these areas are crucial for maintaining its economic competitiveness. The program’s emphasis on career exploration and practical experience aligns with the evolving needs of employers, who increasingly prioritize candidates with demonstrable skills and adaptability.

The success of the ‘Yes Matching’ project, as evidenced by the 140 successful employments from previous years, underscores the effectiveness of targeted interventions in addressing youth unemployment. The introduction of a retention incentive further strengthens the program’s potential for long-term impact, encouraging both employers and employees to invest in lasting relationships. The upcoming Itgi Expo provides a valuable platform for connecting job seekers with potential employers, further enhancing the program’s reach and effectiveness.

Looking ahead, the continued success of initiatives like ‘Yes Matching’ will be vital for Daegu City’s economic growth and social well-being. By investing in its young people and fostering a supportive environment for innovation, Daegu is positioning itself as a hub for talent and opportunity in the rapidly evolving Korean economy. The program’s adaptability, demonstrated by the extended duration and the addition of a retention incentive, suggests a commitment to continuous improvement and a responsiveness to the changing needs of the job market.