S. Korean president calls for job-creating extra budget

SEOUL - South Korean President Moon Jae-in on Monday asked parliament to approve a supplementary budget aimed to create jobs amid the record-level unemployment rate of youths.

He became the country's first leader to make a speech in the National Assembly to only demand the passage of the extra budget. The Moon government allocated $10 billion for the extra budget plan.

The new president, who took office a month earlier, said in a televised address that the youth unemployment may become a national disaster without immediate special measures.