Mr Oh, 29, a business studies graduate, regards himself as unusual. He has made only 50 applications to work at leading South Korean conglomerates. “Most people have made more like 100 applications,” he jokes.
To improve his odds he has, like many university graduates, enrolled in a cram school where students work to improve their English and Chinese in the hope it will give them an edge when applying for job at a conglomerate, or chaebol, such as Samsung Electronics or Hyundai Motor. Many, like Mr Oh, are so ashamed of their failure to get good jobs that they decline to give their full names.
The problem confronting Mr Oh and his peers is one of South Korea’s biggest economic conundrums: there are not enough chaebol jobs to go around.
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