Samsung's Recruiting Policy Angers Job Seekers

"Samsung Group disqualified job seekers who graduated from high schools or universities more than six months previously in the hiring of new staff this year.

Recruiting about 5,000 new employees in September, the nation’s biggest conglomerate limited job applicants to university or high school seniors graduating next February and those who graduated this summer.

As a result, among 55,000 applicants, roughly 26,000 did not pass the preliminary document screening, most of them failing to meet the graduation timing conditions.

The policy has jangled the nerves of young job hunters who hoped to enter the nation’s top business group amid growing youth unemployment, especially among university graduates.

Four of every 10 recent university graduates in Seoul are currently without jobs, according to data from the Ministry of Education and Human Resources.

The youth unemployment rate reached as high as 7.3 percent in August, compared to an overall unemployment rate of 3.5 percent during the same period, the National Statistical Office reported.

``Samsung should not shut the doors completely for those who have already finished their studies. It should give job hunters a second chance,’’ an Internet user said on a job-related Web site." Full Story @ The Korea Times

Pretty shitty for a Fortune 500 company...