American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
LG Group recently made a pledge to generate thousands of new jobs and hire young people in the next three years. The company said on Thursday, Oct. 21, it will be creating more than 30,000 job posts and welcome more workers into the company.
The promise was personally made by LG Group's chairman and chief executive officer, Koo Kwang Mo, during a recent meeting with South Korea's Prime Minister Kim Boo Kyum. The conference was held at the LG Science Park in Magok in Seoul, and it was attended by other high-ranking company officials, including president Lee Bang Soo and vice chairman Kwon Young Soo.
As per The Korea Herald, the meeting was organized as part of the project set up by the local government for the employment of youths. The project has been dubbed "Youth Hope On," and this was created in an effort to address issues that the young Koreans are facing right now in the job market.
"As a businessman, I think the most important mission for me is to create jobs," LG Group's CEO said regarding the company's participation in the project. "LG will lead investments in future cutting-edge technologies and create high-quality jobs through the investments, beyond LG and across society."
It was reported that LG is the third major firm to join the group that responded to the government's employment program for the youngsters. KT and Samsung have also signed up to create jobs and help solve the unemployment problem of the younger people in South Korea.
Altogether, LG, Samsung, and KT will be able to generate a total of 81,000 jobs by the year 2024. LG said that it would directly recruit 10,000 employees every year in the next three years.
It will also create additional 9,000 job posts through indirect support for related industries. Moreover, the company's plan will also increase the ₩150 billion or $127.4 million investment for startups, and this is expected to create another 2,000 jobs.
Finally, Korea Joongang Daily reported that the LG Group signed the agreement for the youth employment project led by the prime minister's office. The company will also be expanding its partnerships with universities where it can also hire graduates from majors that the firm needs.
