SEOUL ¨C It¡¯s been a year since Seoul media and communications student Lee Woong-hee finished his studies, but the 26-year-old plans to skip his class graduation ceremony in February because he thinks retaining his student status will help him finally land a job.
He¡¯s not alone. Youth unemployment hit a 14-year high in South Korea in 2014, and with hiring sluggish amid a weak economy, especially for ¡°good¡± jobs with permanent status, thousands of students due to graduate in early 2015 are expected to instead remain on campus.
¡°Job hunting gets harder every year. It was difficult this year (2014) and I fear it will get worse next year,¡± said Lee, who should have graduated last February.
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