College students are actually in a job market boom these days... It's very different from what the media says.

‌Excluding liberal arts majors... Liberal arts majors have always struggled to find jobs regardless of whether it's a boom or a recession, so that's out of the question...
Based on engineering majors
For regional private universities like Yeungnam University, Dong-A University, Korea Maritime & Ocean University, and Chosun University—even for their engineering departments—
if you just meet a spec of a 3.5 GPA or higher, TOEIC 800, and an engineering certification, they say that while AA-grade conglomerates like Samsung Electronics or Hyundai Motors might be tough, other large corporations are easier to get into than ever this year, according to professors... They even said to think of this year's job seekers as having won the lottery... If it's like this for universities at this level,
then for the engineering departments at higher-tier schools like Pusan National University or Kyungpook National University, it's basically a..... free pass..
You shouldn't judge based on the media and news articles. It's not that they can't go to SMEs (Small and Medium Enterprises); rather, if a college student has lived a normal life, it's correct not to go there... That's why the employment rate is low... If everyone went to those kinds of places, the employment rate would be three times higher than it is now..
The problem is that everyone retakes the entrance exams multiple times just to get into large corporations..
If you look closely, the current job market is actually in a boom..