Major financial companies are increasing investments to expand sustainable job opportunities for the disabled. This includes equity investments in companies that hire disabled individuals or bulk purchasing of products made by them. It is interpreted as reflecting the intent to align with the new government’s policy agenda of expanding support for individuals with developmental and mental disabilities and strengthening care and employment linkage focused on the field.
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Additionally, representatives of business establishments plan to provide understanding education about disabilities and regular consulting to support internships leading to employment. A Hanaworld official stated, “It is expected to contribute to alleviating the care burden of guardians of disabled youth as well as creating job opportunities within business establishments facing labor shortages.”
According to the Ministry of Health and Welfare, as of the end of 2023, the population of disabled individuals in South Korea is approximately 2.64 million, about 5% of the total population, which means one in six households. However, the average monthly income of disabled individuals is about 3 million won, which is 63% of the national average household income. Yoo Hye-mi, a professor in the Department of Economics and Finance at Hanyang University, stated, “Expanding job opportunities for the disabled is significant not only for income stabilization but also for restoring self-esteem through social participation and supporting independence,” and suggested, “Expanding financial benefits, such as relaxing loan conditions for companies with a high proportion of disabled employment, would also be a good approach.”
*Please note this is a Korean article
Source: JoongAngIlbo
