[Yoo Choon-sik] Young people need jobs, not explanations

South Korea’s government has recently raised its economic growth forecast for this year sharply to 3 percent from 2 percent, citing booming semiconductor exports and the effects of an earlier supplementary budget. If realized, the economy would record its strongest annual expansion since the post-COVID-19 pandemic rebound in 2021, when gross domestic product grew by 4.7 percent. Growth of that magnitude would far exceed last year’s 1.1 percent expansion and comfortably surpass the five-year aver