Reporting, analysis, and commentary on busan news from Breeze in Busan.
Busan is rolling out new subsidies to ease financial burdens for shop owners facing closure and young workers struggling with moving costs. Critics say the small scale of the programs raises doubts about their long-term impact.
Busan is hosting its largest job fair for international students, bringing together thirty-five companies and hundreds of foreign graduates. The event links recruitment directly to F-2-R and E-7 visa schemes, part of the city’s strategy to ease labor shortages and counter demographic decline.
Busan’s employment rate masks a deeper imbalance: most new jobs are going to workers over 60, while opportunities for young adults are shrinking. The shift is squeezing consumer demand and deepening the city’s housing market slump.