Korean youth quit their office jobs to pursue their dreams online

Korean youth quit their office jobs to pursue their dreams online 0

Korean youth quit their office jobs to pursue their dreams online

YouTube star Na Dong-hyun (left) popularly known as `The Great Library`, hosts his YouTube show with Super Junior stars Kim Hee-chul (right) and Eunhyuk (center).

Yoon Chang-hyun’s parents asked him to undergo psychiatric examination when Yoon decided to quit his job as a researcher at Samsung Electronics in 2015 to start his own YouTube channel.

With a salary of 65 million won ($57,619) a year, three times the average Korean salary, along with top-notch health insurance and many other benefits provided by Samsung, Yoon’s job has always fascinated many students.

But frustrated with repetitive night shifts, limited advancement opportunities, and rising home prices that put home ownership out of reach, the 32-year-old gave up his stable job to move to work.

Yoon Chang-hyun is one of the first batch of millennials (8x-9x) to accept giving up a stable white-collar job even as the unemployment rate in Korea skyrocketed and millions

`At that time, many people asked if I was crazy,` Yoon recalled.

Yoon is running his own YouTube channel about pursuing his dream job and trying to make money.

Family-owned conglomerates (chaebols) like Samsung and Hyundai helped grow South Korea from the ashes of war into Asia’s fourth-largest economy in less than a generation.

But as economic growth slows, with wages suffering from competition from lower-cost producers, young people graduate from top universities and find steady jobs.

Korean youth quit their office jobs to pursue their dreams online

Yoon Chang-hyun edits the video before posting it on YouTube.

This is a common problem that many countries face, but in Korea, where the corporate culture is strictly hierarchical and there is a surplus of university graduates with similar skills, the problem becomes serious.

South Koreans have the shortest time in a job at just 6.6 years compared to an average of 9.4 years for Organization for Economic Co-operation and Development (OECD) member countries and 11.5

In January, `quitting your job` reached the top 10 New Year’s resolutions on major Korean social networking sites.

In a small three-classroom facility in southern Seoul, the center called Vacation School has attracted more than 7,000 people since opening in 2016, said founder Jang Su-han.

Jang, 34, quit his job at Samsung Electronics in 2015 to establish the center, which he said is offering 50 courses, including online classes on YouTube, crisis management and how to have a plan B.

However, the appeal of a job in a chaebol group is still very strong, especially in the context that the country is having its worst employment rate since 2009, and the youth unemployment rate is also at low levels.

Working at Samsung Electronics remains the most desirable job for recent graduates as of 2019, according to a survey of 1,040 people published by job portal Saramin in February.

However, compared to before, the mindset of people entering the workforce has now changed.

`The mindset of workers now is very different from previous generations,` Harrison said.

Korean youth quit their office jobs to pursue their dreams online

You Hoe-joong, a producer and speaker on a YouTube training channel, teaches students how the camera works.

Among students, opening a YouTube channel is the fifth most desirable job, behind sports stars, teachers, doctors or chefs, according to a 2018 government survey.

While work opportunities at home are drying up, nearly 5,800 people went abroad to find work last year under subsidized government programs, three times as many as from 2013. Others left without a job.

Cho Seung-duk is an engineer.

`I think boys won’t be able to find the same job as me in Korea,` said Cho, 37 years old.

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