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South Korea boosts visas to record high as it aims to recruit skilled workers amid labour shortages (Reuters)

28 June 2023

South Korea aims to issue a record number of visas for foreign skilled workers this year, as the justice minister announced today, a fifteen-fold increase in the annual quota to 30,000 in order to help companies overcome staffing shortages, reports Reuters. With younger South Koreans reluctant to take up blue-collar jobs, the country’s industrial and farming sectors economy are struggling to fill vacancies. Since its introduction, the annual quota for the E-7-4 visa programme has gradually risen from 300 in 2017 to 2,000 in 2022. This year's jump will be the largest by far as a justice ministry official said the increase should help address chronic shortages of skilled workers in the manufacturing and agricultural sectors. South Korea had initially planned to cap this year's quota at 5,000. The presidential office quoted Justice Minister Han Dong-hoon as telling a government meeting that it should end ‘talk of foreigners being unable to come due to insufficient quota’. In response to requests from industry, the criteria for visa applications will also be relaxed, the ministry said.