• Title/Summary/Keyword: Employment Crisis

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A Study on the Leadership of Team Leaders and the Organizational Commitment of the Followers in an Employment Service Agencies (고용서비스 기관에서의 팀장의 리더십과 구성원의 조직몰입에 관한 연구)

  • Lee, Man-Ki
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.7
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    • pp.2909-2920
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    • 2012
  • The roles of public and private employment service agencies have been considered crucially important due to the increasing interest of employment services and policies since the Korean Currency Crisis. Eventually, the roles of a manager and a follower of employment service agencies have been of greater importance. In this study, several means concerning the improvement in organizational performances are suggested by studying the leadership's influence of a team leader in employment service agency over the organizational commitment of the followers. In addition to this, influential factors exerted to the organizational performances in an employment service agency have been analysed by the justice awareness between the two groups - team leaders and followers. The analytic results have shown that the transactional leadership has nothing to do with the organizational commitment whereas the transformational leadership has the positive influence over the organizational commitment. However, the leadership of a leader surely influences both distributional and procedural justice. With these facts, it has been proven that these justice have also influenced on the organizational committment. Throughout the process, it has been identified that the distributional justice has more impact on the organizational commitment rather than on the procedural justice.

Unemployment Duration and Re-employment Pattern : An Analysis using Weibull Model and Logistic Regression Model (실업자의 재취업과 재취업 형태에 관한 연구 : Weibull Survival Model과 Logistic Regression을 이용한 분석)

  • Kang, Chul-Hee;Kim, Kyo-Seong
    • Korean Journal of Social Welfare
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    • v.39
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    • pp.5-40
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    • 1999
  • Little is known about unemployment duration and re-employment pattern. This paper empirically examines unemployment duration and re-employment pattern using data by the 1998 national survey about the unemployed and their needs. A parametric survival model(Weibull model) is adopted to identify variables predicting unemployment duration. It is found that the data including people without unemployment insurance as well as people with unemployment insurance fit the Weibull model including the hazard distribution that the hazard of reemployment is increasing at an decreasing rate. Variables that affect unemployment duration are age, householdership, family income, size of prior employment organization, and cause of unemployment. In re-employment pattern, statistically significant variables are age, type of prior employment industry, prior employment pattern, and membership in unemployment insurance. This paper provides a basic knowledge about realities of unemployed individuals in the economic crisis period of Korea, identifies research areas for further research, and develops policy implications for the unemployed.

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An Empirical Study on the Duration of Self-employment (자영업 지속기간의 결정요인)

  • Ahn, Joyup;Sung, Jaimie
    • Journal of Labour Economics
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    • v.26 no.2
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    • pp.1-30
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    • 2003
  • The recent experience about self-employment shows three main trends: first, its share out of the total workers has steadily increased, recording 37.6% in 2001, implying its prevalence and importance; second, its share out of male workers has caught up female workers', implying its importance to males as well as females; and finally, during the recent Economic Crisis when there was mass layoff and large scale bankruptcy, its share rapidly increased, reflecting its role of a buffer to economic fluctuation. However, there have been few studies on self-employment, mainly focusing on what makes someone choose it as an alternative to being employed. This study analyzes the determinants of the duration to terminate self-employment, by applying the proportional hazard model to the Korea Labor and Income Panel Survey(KLIPS) by the Korea Labor Institute. The KLIPS started the first wave in 1998 with the 5,000 household sample (and about 12,000 individual sample of household members aged 15 and more). In this study, the first four waves are used for analysis. The average duration of 5,357 spells of self-employment is 130 months. It shows slight difference between males(124 months) and females(138 months) while it widely ranges over industries (296 months for agriculture industry while 50 months for restaurant and hotel industry). Estimates of the proportional hazard model of the self-employment duration show that females are more likely to terminate self-employment while it is not statistically significant. The effect of age at starting self-employment on the hazard shows the inverse V-shape, which implies that, until a certain age(47 years), the hazard become higher as aging while, since then, it become lower as aging. The level of education has a positive effect on the hazard, implying that more education is related to the higher probability to be employed. The measures of economic performances, annual sales and earnings, are positively related to continuing self-employment while hardship at the start of self-employment measured by several ways has a negative effect. Training before opening business has a positive effect on keeping on self-employment and its effects are different over its providers, significantly positive for public providers while insignificant for private providers. More and further research on self-employment is urgent in the rapidly ageing society. To help workers to be self-employed, more public assistance is necessary for education, training, financing, marketing, management, and human resource management in order to make the olders consider self-employment as a good alternative rather than an inevitable one.

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An Empirical Analysis on the Employment Effect of Korean Exporting using the DPD model (동태패널모형을 활용한 수출의 고용효과 분석)

  • Cin, Beom-Cheol
    • International Area Studies Review
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    • v.13 no.3
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    • pp.213-238
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    • 2009
  • This paper empirically examines effects of exporting on employment over the period 2000-2007 for Korean listed and non-listed manufacturing firms. The paper employs the dynamic panel model of labor demand and controls for simultaneity of the exports and real wages using a two step random effect Tobit-DPD (Dynamic Panel Data) procedure. Our empirical results suggest that surprisingly, there is no robust evidence for employment effects of exporting of Korea's large firms and small-medium sized firms during the sample period after Korean financial crisis. This implies that Korean exporting patterns have been changed in a way that exporting highly capital intensive goods leads to importing more intermediate goods and thus to countervailing the employment effects of exporting. This suggests that expansion of exporting by lowering exporting prices through the bilateral FTA might not be helpful to enhancing employment in Korea.

A Comparative Cohort Study on the Experiences of Job Loss and Job Seeking in Korea (생애주기에 따른 실직경험 및 구직활동에 관한 비교연구)

  • Yang, Sung-Eun
    • Korean Journal of Human Ecology
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    • v.21 no.1
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    • pp.41-58
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    • 2012
  • The purpose of this study was to compare the job loss and job seeking experiences between middle-aged men and their younger cohort. Participants included 11 middle-aged unemployed men and nine younger unemployed men. The study adopted a phenomenological approach. In-depth individual interviews were carried out and the theme analysis was used to analyze the interview data. The results showed that the two cohorts experienced the macroeconomic crises, the foreign exchange crisis in 1997 and the global financial crisis in 2008, differently. Their experiences affected their attribution of the unemployment and job seeking process. They expressed ambivalence toward their family while dealing with social isolation from extrafamilial support. Most of the participants criticized government employment support policies and services.

Recurrent Unemployment after the Economic Crisis (반복실업(反復失業)과 실업(失業)의 장기화(長期化))

  • Lee, Byung
    • Journal of Labour Economics
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    • v.23 no.1
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    • pp.1-25
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    • 2000
  • This paper investigates why is the unemployment outflow rate into employment so high and why do the precarious workers have short unemployment spell after the economic crisis. Using the matched panel data of the Economically Active Population Survey. This paper points out that, in spite of the fact that most spells of unemployment are quite short, a very substantial portion of the unemployed experiences multiple unemployment spells over a period of time. Also recurrent unemployment leads to very long total durations of unemployment. This evidence implies recurrent unemployment is as important as long-term unemployment under the poor social safety net system.

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A Study on the Structural Change in the U.S Textile industry (미국섬유업계의 구조적인 변화에 관한 연구)

  • 이명숙
    • Journal of the Korea Fashion and Costume Design Association
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    • v.3 no.2
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    • pp.137-160
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    • 2001
  • A study on the structural change in the U.S. textile industry. The U.S. textile industry has undergone significant changes over the last fifty years, including a steady decline in the relative scale of domestic production, employment reduction, and increased competition from imported products. In order to weather a crisis, the responses of the U.S. textile industry have been made such as investment in technology, specalization in the textile and apparel industries. The textile and apparel industries have taken steps to increase labor productivity through automations to speed management to create and introduce new products and new methods, and have lowered indirect overhead costs. Regarding these response of the U.S. and other situation of world textile and apparel trade market, much of the sense of crisis that pervades korean textile and apparel industries has to do with the problem of adjusting corporate policy.

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Do Roads Enhance Regional Trade? Evidence Based on China's Provincial Data

  • RAHMAN, Imran Ur;SHARMA, Buddhi Prasad;FETUU, Enitilina;YOUSAF, Muhammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.657-664
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    • 2020
  • We investigate the impact of roads and highways within the provinces on the regional trade of China using the augmented Gravity Model and theory of modeling trade. We take a panel data covering 31 provinces of China over 20 years period (1998-2017) for the estimations. We apply ARMA-OLS model, fixed and random effects, and robust findings by Hausman test. The results imply that road and highway lengths within the provinces have a significantly positive impact on the value of the province-wise exports. The positive impact is due to the fact the increased coverage of roads and highways increase accessibility to resources and mobility of goods and services within the regions. Moreover, employment in the transportation sector, per capita GDP and population of the provinces also illustrate positive and significant influence on regional exports and trade. The impact of China's WTO accession on regional exports has been positive, while the financial crisis has had a negative impact. The year dummies show that, in the years following the financial crisis, China was able to regress from the external shock as trade within the provinces increased. The increase in exports after financial crisis is mainly due to the government policies and support to every province.

Changes in Industrial Structure and Competitiveness of Manufacturing Crisis Region: Focusing on Gunsan City (제조업 위기지역의 산업구조 및 경쟁력 변화: 군산시를 사례로)

  • Song, Juyoun
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.3
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    • pp.299-319
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    • 2022
  • Since 2010, there have been phenomena that the recession of key industries has spreaded into a regional crisis, affecting the overall regional economy in Korea. The purpose of this study is to analyze how the regional industrial structure and manufacturing competitiveness has been changed in Gunsan, which is in crisis due to the decline of the shipbuilding and automobile industries. As a result, the pace of change in industrial structure of Gunsan has accelerated, and this is because the mass employment released from the key industries has been absorbed into other industries, but there were no manufacturing fields that could replace the recession of the key industries. Among the manufacturing of Gunsan, the degree of specialization of the basic industries has been gradually weakened, and in addtion, the weakening of location competitiveness has brought a negative impact on the growth rate differential of the manufacturing. It is necessary to closely examine changes in characteristics of regional industrial structure for Gusan to find an alternative direction in order to respond to the manufacturing crisis.

An Analysis of the Conditions and Causes of Income Inequality: Focusing on the Urban Worker Households (소득불평등 실태, 원인분석 및 과제: 도시근로자 가구를 중심으로)

  • Chai, Goo-Mook
    • Korean Journal of Social Welfare
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    • v.59 no.1
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    • pp.199-221
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    • 2007
  • This study examines the conditions and causes of income inequality and seeks assignments for mitigating income inequality. An analysis of the conditions and causes of income inequality is summarized as follows. First, income inequality, which rapidly increased after the economic crisis, increased and reduced repeatedly during 1999-2004, and remained a level in 2005 as high as that of the year directly after the economic crisis. Second, an analysis of the causes of income inequality by utilizing the long-term data(1985-2004) shows that unemployment rate, nonstandard employment rate, and the rising rate of land prices positively affect income inequality. Third, an analysis of the causes of income inequality by utilizing the data before and after the economic crisis(1995-2004) demonstrates that unemployment rate, nonstandard employment rate, and the workers' income ratio between large enterprises and small enterprises positively affect income inequality. Fourth, the rising rate of land prices which significantly affects income inequality in the data of 1985-2004 does not affect income equality in the data of 1995-2004, and the workers' income ratio between large enterprises and small enterprises which does not affect income inequality in the data of 1985-2004 significantly affect income equality in the data of 1995-2004. These results suggest several implications for mitigating income inequality. First, alternative plans to reduce unemployment rate must be prepared. Second, policies to reduce nonstandard employment rate should be established. Third, programs to stabilize or lower the land prices must be deliberated. Fourth, a master-plan to support small to medium enterprises must be carried out in order to reduce the wage differentials between large enterprises and small to medium enterprises.

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