00:02You're listening to AI Prism from Seoul Economic Daily.
00:33It's Wednesday, August 26th. Let's look at what this means for job seekers and graduates in Korea.
00:40Two forces are pulling on the same pool of young technical talent this week.
00:45Washington is raising the cost of importing skilled workers.
00:49Seoul is spending to keep its own graduates at home and to pull talent back.
00:54Here's what the numbers show.
00:58$103,265, the new H-1B application fee published by the U.S. Department of Homeland Security, replaces a charge
01:07that used to run $2,000 to $5,000.
01:10The employer pays it. The annual quota stays capped at $85,000 by lottery.
01:15And Korea ranked fifth among approved workers at 1% in fiscal 2024.
01:20LG InnoTech held a recruiting event in Los Angeles for about 30 master's and doctoral researchers from 16 U.S.
01:29universities, targeting physical AI, advanced packaging, and next-generation optics.
01:36The ruling party and the government will fully fund tuition at regional national universities and add a credit-bearing internship
01:43semester under next year's budget plan.
01:46Gyeonggi's economic agency signed with three universities to place information security students into live corporate consulting work running through early
01:55November.
01:5631 central government agencies will add 54 privacy officers, 39 of them newly created posts, doubling the average from 1
02:06.1 to 2.1 per agency.
02:09So what does this mean for job seekers and graduates?
02:12Earlier, we said Korea is moving the other way.
02:15Here's what that actually means for you.
02:18The cheapest route into a technical career right now runs through Korea, not around it.
02:23Security, privacy, and AI hardware are the three fields where public money and corporate hiring are pointing in the same
02:31direction at the same time.
02:32And they are hiring at entry level.
02:35The U.S. comment period on the visa fee closes in 30 days, with a final rule due by year
02:41-end.
02:42The student consulting placements run through early November.
02:45Next year's budget bill will show whether the tuition pledge survives the National Assembly.
02:50That's today's AI Prism, students and grads.
02:54This episode was produced with AI assistants based on Seoul Economic Daily reporting and reviewed by a human editor.
03:02AI Prism is a Juan Ifra Award-winning series.
03:05We'll be back tomorrow.
03:06You've been listening to AI Prism from Seoul Economic Daily.
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