• Title/Summary/Keyword: Job Market

Search Result 623, Processing Time 0.024 seconds

Exploration of Optimal Product Innovation Strategy Using Decision Tree Analysis: A Data-mining Approach

  • Cho, Insu
    • STI Policy Review
    • /
    • v.8 no.2
    • /
    • pp.75-93
    • /
    • 2017
  • Recently, global competition in the manufacturing sector is driving firms in the manufacturing sector to conduct product innovation projects to maintain their competitive edge. The key points of product innovation projects are 1) what the purpose of the project is and 2) what expected results in the target market can be achieved by implementing the innovation. Therefore, this study focuses on the performance of innovation projects with a business viewpoint. In this respect, this study proposes the "achievement rate" of product innovation projects as a measurement of project performance. Then, this study finds the best strategies from various innovation activities to optimize the achievement rate of product innovation projects. There are three major innovation activities for the projects, including three types of R&D activities: Internal, joint and external R&D, and five types of non-R&D activities - acquisition of machines, equipment and software, purchasing external knowledge, job education and training, market research and design. This study applies decision tree modeling, a kind of data-mining methodology, to explore effective innovation activities. This study employs the data from the 'Korean Innovation Survey (KIS) 2014: Manufacturing Sector.' The KIS 2014 gathered information about innovation activities in the manufacturing sector over three years (2011-2013). This study gives some practical implication for managing the activities. First, innovation activities that increased the achievement rate of product diversification projects included a combination of market research, new product design, and job training. Second, our results show that a combination of internal R&D, job training and training, and market research increases the project achievement most for the replacement of outdated products. Third, new market creation or extension of market share indicates that launching replacement products and continuously upgrading products are most important.

Nepotism or Networking?: The Effectiveness of Social Networks in the Labor Market ('연줄'인가, '연결'인가?: 인적 네트워크의 노동시장 효과 분석)

  • KIM, Young Chul
    • KDI Journal of Economic Policy
    • /
    • v.34 no.3
    • /
    • pp.133-186
    • /
    • 2012
  • This paper analyzes the effectiveness of social networks in finding jobs and estimates the value of job search network using the Korean Laber and Income Panel Study (KLIPS) dataset and utilizing the Difference-in-Difference Propensity Score Matching (PSM) methodology (Heckman et al., 1997). While the wide use of social networks in the Korean labor market is often perceived as 'nepotism,' this study confirms that social networks, by serving as an effective information transmitter between job search and recruitment, make a significant contribution to improving the adequacy of job matching in the domestic labor market. In order to verify the effectiveness of using social networks for getting jobs, this study looks into the cases of labor turnover using social networks and also not using it. In the aspect of individual satisfaction improvement relating to workplace and job duties, both cases of turnover turn out to experience an increased satisfaction by 2~3 points (on a 100-score scale). Meanwhile, as for the educational and technical adequacy improvement, no positive effects are found in the case of turnover without social networks, whereas the educational and technical adequacy improvement turns out to increase by 2.13 and 2.52 points, respectively, in the case of turnover using social networks. The effect of income increase through turnover using social networks registered 40,074 Korean won per month (as of 2010), which can be considered as the result from the improved educational and technical adequacy. Of all things being considered, the value of job search network per wage worker in the Korean society is estimated to be 18.72 million won in terms of life-cycle wage improvement, and 758.2 scores in terms of the improvement of working life satisfaction. Provided that the cash value of satisfaction score 1 is equivalent to 'n' times 10,000 won, the aggregate value of job search network is estimated to be 18.72+7.582n million won, which means the total amount of costs that a wage worker in the Korean society willingly pays to maintain and manage job networks for lifetime.

  • PDF

The Study of Job Market by Analysis of the Recruitment Advertisement for Occupational Therapy (채용공고 분석을 통한 작업치료사 구직 시장에 대한 연구)

  • Lim, Seung-Ju;Yang, Min-A;Han, Dae-Sung;Park, Ji-Hyuk
    • Therapeutic Science for Rehabilitation
    • /
    • v.9 no.2
    • /
    • pp.39-53
    • /
    • 2020
  • Objective : This study aims to identify the job market for occupational therapists by analyzing recruitment advertisements for occupational therapists from 2011 to 2018. Methods : A total of 15,869 job placement notices posted on the portal site(http://otbrain.com/) were collected to analyze the job market for occupational therapists based on their regions, employment types, salary levels, employment times, and recruitment fields. Results : The total number of annual recruitment advertisements for occupational therapists was 544 which was higher than the number of people who passed the national exam. According to the region, recruitments were concentrated in the Seoul and Gyeonggi Province. According to employment type, the employment rate of permanent workers was on the decline but that of temporary workers showed an increasing trend. The salary level was the highest with the annual salary ranging from 20 million won to 25 million won or less, and the recruitment fields were found to have about 4.6 times more offerings in the adult and senior fields than in the pediatric fields. Conclusion : These study results can be used as a basic data for identifying the job market for occupational therapists.

Employment Structure of University Graduates and Regional Development: A Case Study of Chonnam National University (전남대학교 졸업생의 취업구조와 지역발전)

  • 안영진
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.4 no.2
    • /
    • pp.37-56
    • /
    • 2001
  • Regarding human capital development and the competitive advantage of regional economies, the transfer of local university graduates to the local labor market is a very important factor. This study aims to investigate the employment structure of university graduates and spatial patterns of their jobs, and the job search strategies to enter the employment system with a case study of Chonnam National University graduates. Because of the lagged industrial structure and peripheral location of Kwangju/Chonnam Province, the employment rate of the university graduates is generally lower than a national average. And there is a strong tendency of the concentration of job places on the metropolitan areas on the one hand, and on the Kwangju/chonnarn and Capital region of Korea on the other. University graduates in searching for jobs especially prefer spatial mobility toward job opportunities In other regions to promoting the flexibility of job qualifications to meet labor market demands. Based on the results of the study, we can identify a process of so-called train drains'in both quantitative and qualitative terms, and conclude that the role of the Chonnam National University in promoting regional development potentials and local labor market conditions is Quite restrictive.

  • PDF

On the Estimation of Regional Job-matching Functions of Korea (우리나라의 지역별 일자리결합함수의 추정)

  • Yang, Jun-Seok;Kim, Ho-Yeon
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.12 no.3
    • /
    • pp.248-259
    • /
    • 2009
  • This paper analyzes the interactions among regional labor markets in Korea. Specifically, we focus on the job market externality between neighboring regions. To estimate the job matching functions, we construct panel data on unemployment, vacancies and hires for the period of January 2004 through December 2007 for 15 cities and provinces in Korea. We employ various spatial econometric techniques to avoid the problem of spatial autocorrelation which frequently arises when dealing with regional data. Main findings are as follows. First, estimation results are consistent with conventional job matching theory. That is, as the number of job searchers and vacancies increase, the number of hires also rises. And it is relatively easier for firms to hire workers than for job seekers to find jobs. Second, it is found that, other things equal, the possibility of job matching is higher in large metropolitan areas than rural areas. Finally, the findings show that the number of job searchers in neighboring areas is negatively correlated with the number of hires in the area. Likewise, the number of vacancies in neighboring areas is positively correlated with number of hires in the area. These provide clear evidence on the existence of regional spillover effects.

  • PDF

A Study on the Job Recommender System Using User Preference Information (사용자의 선호도 정보를 활용한 직무 추천 시스템 연구)

  • Li, Qinglong;Jeon, Sanghong;Lee, Changjae;Kim, Jae Kyeong
    • Journal of Information Technology Services
    • /
    • v.20 no.3
    • /
    • pp.57-73
    • /
    • 2021
  • Recently, online job websites have been activated as unemployment problems have emerged as social problems and demand for job openings has increased. However, while the online job platform market is growing, users have difficulty choosing their jobs. When users apply for a job on online job websites, they check various information such as job contents and recruitment conditions to understand the details of the job. When users choose a job, they focus on various details related to the job rather than simply viewing and supporting the job title. However, existing online job websites usually recommend jobs using only quantitative preference information such as ratings. However, if recommendation services are provided using only quantitative information, the recommendation performance is constantly deteriorating. Therefore, job recommendation services should provide personalized services using various information about the job. This study proposes a recommended methodology that improves recommendation performance by elaborating on qualitative preference information, such as details about the job. To this end, this study performs a topic modeling analysis on the job content of the user profile. Also, we apply LDA techniques to explore topics from job content and extract qualitative preferences. Experiments show that the proposed recommendation methodology has better recommendation performance compared to the traditional recommendation methodology.

Job Instability in the Korean Labor market: Comparison before and after the IMF Economic Crisis (외환위기 전후의 노동시장 불안정성에 대한 연구)

  • Keum, Jaeho;Cho, Joonmo
    • Journal of Labour Economics
    • /
    • v.24 no.1
    • /
    • pp.35-66
    • /
    • 2001
  • This study first attempted to measure the job instability of Korean labor market by exploiting the data sets of 1998 and 1999 Korean Labor Panels. In order to compare the degrees of job instability of Korea with the one of U.S., we followed the same empirical methods used by Jaeger and Stevens(1999), Neumark et al.(1999), Bemhardt et al.(1999) recently published in the Journal of Labor Economics (vol. 17). Our empirical results suggest that the job retention rate of the Korean labor market during the IMF economic crisis was decreased to the level that the U.S. labor market has never experienced during the past two decades. One noticeable point regarding our estimated four year retention rate is that it takes a form of plateau peaked around 9 and 15 tenure year, which is in sharp contrast with the four year retention rate of u.S. showing a monotonically decreasing tendency over tenure periods. The comparison of 2-year retention rates before and after the economic crisis suggests that job stabilities has been conspicuously aggravated especially for cohorts of long tenure, irregular job, old age, service and sales jobs.

  • PDF

An Analysis of the Job Sequences of the Working Poor (근로빈곤층의 직업력 분석 -비빈곤층과의 비교를 중심으로-)

  • Choi, Ok-Geum
    • Korean Journal of Social Welfare
    • /
    • v.60 no.4
    • /
    • pp.55-77
    • /
    • 2008
  • After the economic crisis of Korea, the character of Korean Poverty has changed. Most notably, many people are working but poor. Therefore it is important to understand the characteristics of the working poor, especially the unstable work experiences of the working poor since one of the causes of poverty is that. Prior research about the working poor has not fully proven this issue. This study is to examine the job sequences of the working poor. Thus I utilized the KLIPS(Korea Labor and Income Study), and analyzed it by event sequence analysis and optimal matching methods. The job sequences are divided as follows: total years of working in the labor market, the number of gaps and the length of gaps in their careers, and the characteristics of experienced jobs since they have entered the labor market from age 15. As a result, there are no statistically significant in the total years of working in the labor market. And the number of gaps and the length of gaps in their careers, and the characteristics of experienced jobs show that working poor have been experiencing more unstable than non-poor. Thus, almost all of the male working poor has unstable jobs their whole lives, and the female working poor's job sequences show distinct features according to women's life course. These results can give political implications to the anti-poverty policy in Korea.

  • PDF

Observability, Job-Match, and Segmentation of Labor Markets

  • Kim, Young-Chul
    • Journal of Labour Economics
    • /
    • v.19 no.2
    • /
    • pp.161-174
    • /
    • 1996
  • Much of the dual labor markets literature is devoted to exploring the reasons as th why the markets are segmented along the lines where the observed wage differentials are not a result of underlying skill differentials . ; and why otherwise comparable workers different the duration of their job tenure and incidence of unemployment. the logic of competitive economics denies the possibility of equally skilled workers being treated differently in labor markets. The model presented in this paper shows that workers could be segregated quite simply due to the structure of information and job-match quality, even though they are the same in terms of productivity. In general, the model predicts that observability of a worker's productivity and the extent of match specificity are key features of labor market segmentation. An important implication is that the negative from the past labor market experienes, sometimes called as hysteresis effect, helps to restrict mobility of workers among different sectors and results in perpetuation of unemployment in the secondary sector. The model also provides an explanation of the efficient wage scheme in the primary sector.

  • PDF

Part-time Jobs of Korean Married Women -The recent change in their state dependence- (기혼여성 시간제일자리의 상태의존성(state dependence) 변화)

  • Chung, Min Su
    • Journal of Labour Economics
    • /
    • v.41 no.3
    • /
    • pp.95-128
    • /
    • 2018
  • This study tries to measure the change in the state dependence of the three labor supply choices (part-time, full-time, and the state of unemployed) in Korean married women's labor market by estimating the dynamic multinomial logit model based on MSL (maximum simulated likelihood) method. A component representing individual's unobserved characteristics has been introduced, because it is crucial to control for unobserved heterogeneity in assessing the state dependence. Estimation results show that the state dependences of the three alternatives have strengthened recently. Therefore, part-time job has become more likely to be functioning as an extra option to participate in labor market rather than a bridge(stepping stone) or shelter between unemployment and full-time job.

  • PDF