• Title/Summary/Keyword: Labor Markets

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Place-based Policy and Urban Poverty: An Analysis of Employment Mismatch and Placeness of Regional Labor Market (장소기반 정책과 도시빈곤: 일자리 미스매치와 지역노동시장의 장소성 분석)

  • Lee, Wonho
    • Journal of the Korean Geographical Society
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    • v.51 no.1
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    • pp.41-56
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    • 2016
  • This study investigates the employment and spatial mismatch as a significant acting factor of deepening urban poverty and analyses the placeness of regional labor market that the more efficient place-based labor market intervention needs to take into account. The change of unemployment rate as a regional labor market outcome in metropolitan cities is determined by the dynamic interaction between disequilibrium of labor supply and demand and employment mismatch according to various labor market conditions and its process is certainly differentiated across the metropolitan regional labor markets. In addition, it is analyzed that during the employment suburbanization the spatial mismatch puts differentiated impacts on different labor groups through human capital requirements and industry-selective job opportunities. As a result, because this whole process works with its unique process within individual regional labor markets, in order to link between urban poverty and employment mismatch and to promote problem-solving labor market intervention, we need to develop place-based policy based on the placeness of regional labor marekt.

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A Study on the Labor Participation and Work Load of the Married Female Production Workers (기혼여성의 생산직노동 참여배경과 노동부담)

  • 조희금
    • Journal of the Korean Home Economics Association
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    • v.36 no.2
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    • pp.161-173
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    • 1998
  • This study investigates why the Married Female Production Workers(MFPW) participate in their work and what is work load they take. This study uses an ecosystems approaches in order to explain the labor participation of the MFPW and their work load. MFPW participate in their work because of the labor markets need and economic need of their household rather than their personal choice. Due to the long working hours, low wage and bad labor conditions of MFPW's job, they suffer more severe work load both at the fob and at home than any other occupational groups.

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Institutional Dynamics of In-Work Poverty Determination: Distributive Process of Labor Markets, Households, and the Welfare State Using Korean Welfare Panel Study, 2008-15 (근로빈곤 결정의 제도 동학: 노동시장과 가구, 복지국가 분배 과정 분석)

  • Ryu, Kirak
    • 한국사회정책
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    • v.25 no.4
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    • pp.71-104
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    • 2018
  • This paper adopts a distributive performance process model of in-work poverty based on labor markets, households, and welfare states and analyzes the 4-11 waves of the Korean Welfare Panel Study during 2008-15. Previous studies on in-work poverty have focused on the definitions and concepts of in-work poverty by analyzing employment and unemployment persistence and repetition dynamics, but rarely paid attention to institutional distributive performance. In this regard, this study preforms a stepwise analysis of labor markets, households, and welfare states as a process of income generation in labor markets, satisfaction of welfare needs and income pooling at households, and deduction of social security contribution and income tax as well as receipt of public transfer income at welfare states. Results of empirical analysis show that in-work poverty had been on increase during 2008-11, followed by a decrease between 2012-15. At labor market stages, full time status had the most prominent impact on in-work poverty process, while status by employment and contract type have generated a huge variation as well. At household stages, household work intensity and number of earners contributed to reduction of in-work poverty, but the relations did not seen to be straightforward. However, welfare state played little role in lifting employees out of in-work poverty. In terms of institutional distributive process, in-work poverty was prevalent in either household-welfare state stage or labor market-household-welfare stage. Non-vulnerable group in terms of in-risk poverty was around 80% of the sample during the period of analysis, the size of which has remained constant.

고용보호규제 완화의 노동시장 성과에 대한 효과

  • Choe, Gyeong-Su
    • KDI Journal of Economic Policy
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    • v.24 no.1
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    • pp.45-112
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    • 2002
  • Enhancing labor market flexibility is currently posted as one of the major economic policy objectives in Korea. However, the labor market effects of specific policies to achieve it have not been sufficiently investigated. This paper takes up the issue of employment protection deregulation and surveys and empirically analyzes its policy effects. Academic researches generally confirm that deregulation tends to promote labor turnover and employment of the disadvantaged groups such as the youth and female by raising the overall efficiency of the economy, but its effects on unemployment is not clear. In the Korean labor market, both job creation and destruction, and labor mobility have increased after the economic crisis of 1998, but they can not be seen as deregulation effects as the changes are confined to the temporary and daily employment whose labor markets are least regulated whereas the regular employment market remains virtally unchanged. Such results suggest that labor market deregulation need to be pursued consistently as a policy goal since the labor demand condition shift and the need for expanding regular employment necessitates it, for which detailed policy agenda for removing market inefficiencies should be carefully arranged.

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Expansion of Private Tutoring Market for Adults according to Labor Market Changes and the Geographical Characteristics (노동시장의 구조 변화에 따른 성인 대상 사교육 시장의 성장과 공간적 함의)

  • Park, Sohyun;Lee, Keumsook
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.2
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    • pp.402-419
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    • 2014
  • This study attempts to investigate the spatial characteristics of private tutoring markets for adults which have been expanded rapidly with labor market changes in Korea. In particular, For the purpose, we examine thoroughly various indies of labor markets and private tutoring markets for adults in Korea in first and then analyze the spatial characteristics. We classify private tutoring institutes for adults into two categories by job-statuses and education levels, and analyze the spatial distribution patterns of the attendants of the classes. In order to understand the spatial characteristic of their distributions, we distinguish whether there exist the spatial autocorrelation or not by applying Moran's I values for each categories in first. We also examine the spatial cluster patterns by Hot spots analysis utilizing $G^*$ statistics. Multiple linear regression models are developed for each category to explain the relationships between the spatial distributions of private tutoring institutes and geographical variables.

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International Cooperation of Uzbekistan in Labor Migration

  • Abdukhalimovna, Kadirova Zulaykho
    • Asia Pacific Journal of Business Review
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    • v.4 no.2
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    • pp.23-33
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    • 2020
  • Uzbekistan has been gradually integrating into the world economy since gaining its independence back in 1991. The need to integrate stems from the desire to advance the national economy and social well-being of population through importing advanced technologies or stimulating exports. However, opening up the country also meant exposure to increase in the mobility of its human capital. As a result, Uzbekistan has witnessed labor migration in and out of the country in the past couple of decades, driven by various causes, which is having inevitable social and economic implications for the country. Intensifying processes in contemporary international labor market make migration as a mechanism, which has a back-to-back impact onto and from economic development of a country. From developing countries' perspective, international labor migration is an instrument for reducing tension in national labor markets, decreasing high rates of unemployment and expanding sources of income. From developed countries' perspective, international labor migration helps solve demographic problems like decreasing number of population, aging of population and shortage of labor force. Thus, this processes turned into a mechanism or a system, which is not possible to ignore. Uzbekistan, in particular, is increasing its participation in the international labor market due to its high rates of population growth and young population.

Spatial Segmentation of the Intra-Metropolitan Local Labor Markets : A Theroetical Review

  • Kim, Jae-Hong
    • Journal of the Korean Regional Science Association
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    • v.12 no.2
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    • pp.37-57
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    • 1996
  • Intra-metropolitan spatial segmentation of the labor marker requires barriers of mobility on both supply and demand side of the local labor marker. The phenomena of spatial segmentation of the labor market are particularly applied to the secondary workers rather than to the primary workers. Supply side barriers include the costs of obtaining job information regarding jobs outside of the immediate area, commuting costs, and barriers to residential mobility. Demand side barriers include site-specific technology and product demand, and discrimination. In this paper, I discuss these barriers and examine their implications for differences in segmentation by demographic and skill groups at the intra-metropolitan scale. In particular, I apply a job search model to examine supply side barriers such as information and commuting costs, and an implicit contract model to explain demand side barriers such as dual/internal labor market and firms' (re) location strategies.

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Dual Labor Markets and Reemployment Processes (A Case of the U.S. Labor Market) (이중노동시장의 재취업과정 (미국 노동시장의 경우))

  • Lee, Kun
    • Korea journal of population studies
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    • v.20 no.2
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    • pp.43-66
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    • 1997
  • This work examines reemployment processes through the use of event history unemployment data in the United States. Two aspects of these processes, the duration of unemployment and changes in the reemployment rate, are modelled and analyzed in terms of individual characteristics and their structural positions in the labor market. The secondary labor market is a competitive market in which unemployment occurs because people quit their jobs to devote more time in search for better jobs. Using search theory, the rate of reemployment has a positive time dependence as the searcher lower her reservation wage with the passage of time. By contrast, the primary market is characterized by long-term employment relations which reduce voluntary turnovers but generate layoffs temporarily. Relying on contract theory, because workers on temporary layoffs wait for recall, reemployment rates have a constant time dependence. Empirical results of unemployment durations indicate that reemployment processes are influenced by individual's positions in dual labor market structures. While the analysis suggests that the amount of search reemployment seems to be positively related to the degree of competitiveness of a market, somewhat weaker results are noted in the search reemployment processes in competitive markets.

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A Study on Factors Affecting Job Seekers' Utilization of Social Networks (취업자의 사회 연결망 활용에 대한 영향 요인 연구)

  • Kim, Sunghoon
    • Journal of Labour Economics
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    • v.26 no.3
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    • pp.209-230
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    • 2003
  • This study investigates the factors affecting job seekers' utilization of social networks in Korean job markets by using the East Asia Social Survey on People's Work Life: South Korea data collected in 1996. If employees are analyzed as a whole, social networks have been used more frequently than formal means and direct application. Results of the multinomial logistic regression largely show that job seekers who occupy better positions in job markets have used social networks less frequently. This is due to the characteristics of Korean job markets: (1) Korean job markets are clearly divided by several criteria, and (2) in the sectors of job markets which provide better socioeconomic rewards, the competition through formal means is the main path of getting jobs.

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Are the stock markets really responding to news on the FTA?: Event Study on Korea-US FTA (FTA 뉴스에 대한 주식시장의 반응 분석: 한-미 FTA 사건연구를 중심으로)

  • So-Young Ahn
    • Korea Trade Review
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    • v.45 no.4
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    • pp.171-194
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    • 2020
  • Although there is a lot of literature on the effectiveness of regional trade agreements(RTAs), it is usually analyzed only using trade-related theories and data. However, this paper has a differentiation in that we examine the linkage between international trade and financial markets through the stock markets reactions when the trade agreements related news arrived. Specifically, using an event study, we look into the Korea-US free trade agreement(KORUS FTA) which is the most commercially significant FTA in almost two decades for both the countries. Korean stock market generally responded more sensitively to FTA news than the US stock market, especially in 'Auto & Parts', 'Electrical Equipment' and 'Chemicals' industries. And the investors' perception toward the effect of KORUS FTA on Korean industries changed from negative to positive as negotiations proceed. Korea has a comparative advantage in the production of labor-intensive goods relative to US, but the economies of scale hypothesis does not hold.