• Title/Summary/Keyword: Labor Transition

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A Study on Working Poor in Korea After the Financial Crisis (외환위기 이후 한국의 근로빈곤 설태에 관한 연구)

  • Keum, Jaeho
    • Journal of Labour Economics
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    • v.29 no.1
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    • pp.41-73
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    • 2006
  • Using 1998~2003 data of the Korea Labor and Income Panel Survey, we analyze the scale, characteristics, and dynamic transition of working poors. The result shows that more than half of the poor families are working poors and that a considerable portion of economically active households is in poverty. However, compare to other kinds of poor families, working poors can easily escape from poverty once after they entered into poverty. When household head is elderly and less educated, the risk of working poor is relatively high. Also, self-employed households have high risk of working poor compare to households having wage worker(s). To ease the problem of working poor, creation of decent jobs and human resource development for vulnerable groups are important. Especially, the creation of decent jobs will do critical roles not only in solving employment issues but also in moderating income inequality among families. Policy development for self-employed in the brink of poverty and establishment of a solid social security system for working poors are also recommended.

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Effects of Pre-Employment Efforts of the College Graduate Youth in Korea (대졸 청년층 취업준비노력의 실태와 성과)

  • Park, Sung-Jae;Ban, Jung-Ho
    • Korea journal of population studies
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    • v.29 no.3
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    • pp.29-50
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    • 2006
  • This study examines the effects of pre-employment efforts of the youth on their transition to the labor market. Labor market performance is accessed by the transitory period, the employment at workplace with more than 300 employees, and the wage level. Based on the effects of employment efforts for the first transitory period, job experience during school and preparatory period for employment would raise the likelihood of employment, but the school credit, grade in English, and the frequency of interviews, on the contrary, failed to reduce the transitory period. Employment effect varied according to educational background. In case of college graduates, vocational education and job experience during school were statistically significant variables leading them to decent jobs. On the other hand, in case of university graduates, job experience and language skills were proven to be important factors. Lastly, for the wage effect, in case of college graduates, vocational training, job experience during school, and English ability were proven to increase the wage level. However, vocational training after graduation and job experience during school decreased the wage level, but grade in English and pre-employment efforts during school increased the possibility of getting a decent, highly paid job for university graduates.

An Analysis on The Structural Change of The Knowledge Service Industry (지식서비스산업의 구조변화 분석)

  • Kim, Pang-Ryong
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.38B no.10
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    • pp.808-816
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    • 2013
  • In recent years, the knowledge service industry is getting much attention in terms of the role as new growth driver and employment creation sector whereas the overall potential growth rate in Korea has been slowed due to reduced investment and employment in manufacturing sector. This study examines how the knowledge service industry contributes to economic development and employment creation by analyzing the structure transition pattern of the knowledge service industry from 1995 to 2010 and suggests, based on these results, some policy implications for the industry's development. It turns out that the knowledge service industry greatly contributes to total production increase and employment creation during the period of 1995 to 2010. Special strategy for increase in labor productivity will be required for the knowledge service industry to contribute consistently as growth driver and employment creation sector since production increase rate and growth contribution level have been gradually decreased while employment growth rate and its contribution level have been consistently increased in the knowledge service industry.

Exploration of the Factors Determining Satisfaction in First Job of Graduates from Engineering College by Decision Tree Analysis (의사결정나무분석에 의한 공과대학 졸업생의 첫 일자리 만족도 결정요인 탐색)

  • Lee, Jiyeon;Lee, Yeongju
    • Journal of Engineering Education Research
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    • v.24 no.1
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    • pp.15-23
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    • 2021
  • The first job of university graduates is the beginning of career development, and it has a great influence on a personal life in the transition process of a labor market later. The study has compared and analyzed the effects of major variables (whether or not one participates in the career and employment programs, the satisfaction in the education infrastructure and curriculum) related to university education that determine the satisfaction in the first job of graduates from the entire university of 4-year general courses and the engineering college with experiences of having the first job. Through this, it is meaningful to make it possible for the design of university education related to career and employment tailored to the engineering college. The results of 2017 Graduate Occupational Mobility Survey were used as the data for analysis, which was analyzed by the decision tree analysis. As it was found that the most important factor determining the satisfaction in the first job was student welfare facilities for the entire graduates among education infrastructure and was major curriculum and its content among education curriculum for the graduates from the engineering college, it was analyzed that factors related to majors were more important compared to other majors in the engineering college. The customized major curriculum and content should be considered as a priority, taking into account of the demand of the industry for the successful settlement of graduates from the engineering college in a labor market.

Decomposition of Employment Growth in Korean Metropolitan Labor Markets: An Application of a Four-way Multifactor Partitioning (국내 7대 특·광역시 노동시장의 고용성장 요인분해 - 네 변인 다요인분해분석의 적용 -)

  • Jihan Park;Donghyn Kim
    • Journal of the Korean Regional Science Association
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    • v.39 no.4
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    • pp.53-71
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    • 2023
  • This study aims to identify the contribution of factors to employment growth over the past 20 years (1996-2016) for seven metropolitan areas in Korea. For this purpose, we performed a multifactor partitioning (MFP) analysis based on the business survey data provided by Statistics Korea. The key findings of the analysis are as follows. First, over the long run, the region effect is dominant in metropolitan employment growth, followed by the industry mix effect. On the other hand, the dynamic MFP findings suggests that future regional employment disparities are likely to be explained by industry structure. Second, the gender mix and decent job mix effect do not significantly contribute to regional employment growth. However, the contributions of individual factors are not invalid, and it is possible to infer a pattern of declining employment for men-permanent workers and increasing employment for women-contingent workers. These results indicate the importance and necessity of employment policies that can promote structural transition in regional industries and qualitative growth accompanied by employment stability.

The Change of Sleep Quality after Transition to Consecutive Day Shift from Day and Night Shift: A Motor Assembly Factory Case (주야2교대제에서 주간연속2교대제로의 전환 후 수면의 질 변화 : 일개 완성차 제조사의 사례)

  • Song, Hansoo
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.25 no.4
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    • pp.566-572
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    • 2015
  • Objectives: The major objective of this study was to analyze insomnia after the change to consecutive day shift from day and night shift in a motor assembly factory. Materials: Data were collected at before and after shift system change through a survey conducted by a labor union. We analyzed transition of PSQI(Pittsburgh Sleep Quality Index) among 222 workers by separating the day shift week and night shift week. The cut-off point of insomnia was 8.5 on the PSQI. Results: Mean PSQI in the day shift week significantly did not decrease, going from $6.36{\pm}3.23$ to $6.46{\pm}3.00$(p=0.612 by paired t-test), Mean PSQI for night shift week significantly decreased from $8.31{\pm}3.36$ to $6.19{\pm}3.18$(p<0.001 by paired t-test). However, mean PSQI in the day shift week increased from $6.33{\pm}3.83$ to $7.11{\pm}2.86$ in ${\geq}50$ years(p=0.085, by repeated measured ANOVA). Mean PSQI score in the night shift week improved more in the married group(from $8.38{\pm}3.27$ to $6.12{\pm}3.18$) than in the non-married group(from $7.82{\pm}3.27$ to $6.12{\pm}3.18$)(p=0.038, by repeated measured ANOVA). Conclusions: The change to consecutive day shift improved insomnia in night shift. However, insomnia in the day shift week was worsened among those more than 50 years old.

Legal Aspects of International Joint Ventures (합작투자계약(合作投資契約)에 관한 법적(法的) 문제(問題))

  • Park, Whon-Il
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.18
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    • pp.159-188
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    • 2002
  • International joint ventures are usually formed and managed by domestic companies and foreign investors for the common objectives. They offer an opportunity for each partner to benefit significantly from the comparative advantages of the other. Local partners bring knowledge of the domestic market; familiarity with government bureaucracies and regulations; understanding of local labor markets; and existing manufacturing facilities. Foreign partners can offer advanced process and product technologies, management know-how, and access to export markets. In Korea, joint ventures have been encouraged to usher in foreign investors with foreign currency capital badly needed during the IMF financial crisis. In the meantime, Korean laws and regulations with respect to joint ventures have been largely overhauled to promote foreign direct investment (FDI) both inbound and outbound. They include four types of FDI, i.e., acquisition of foreign stocks, provision of long-term loans, participation in joint operations like resources development, and establishment of foreign offices. From the legal point of view, the formal joint venture agreement must be an offspring of a series of tough negotiations between domestic and foreign partners. They usually stress the long-term relationship with the good will and dedication to each other, and restrict the free transfer of stocks. Both partners are earnestly interested in the ownership and management of the joint venture. So they keep a close eye on the articles of incorporation, changes of business environment, conflict resolution methods, transparency of accounting and other financial matters. When a multinational corporation (MNC) is involved in the joint venture, conflicts over management strategies, marketing and other issues take place more often than not between the MNC and local partners. We have to pay attention to joint ventures, particularly, in China and North Korea. As witnessed in other transition economies, China is eagerly bringing in foreign direct investments for the development of nation's economy. China encourages foreign investors to establish ordinary joint ventures, contractual joint ventures, solely invested foreign capital companies and jointly operated development companies with local partners. In North Korea, however, joint ventures have a different meaning like contractual joint ventures in China, in which North Korean partners have an initiative in the management. Rather, jointly operated companies or simply processing-for-wage companies are recommended in view of the unpredictable legal infrastructure in North Korea.

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The Effect of Housing and Household Background of Young People on the Implementation of Youth NEET (청년층의 주거와 가구배경이 청년니트 이행에 미치는 영향)

  • Kwanghoon Hwang
    • Land and Housing Review
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    • v.14 no.3
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    • pp.1-15
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    • 2023
  • Using youth panel data, this study attempted to diagnose the effect of residential characteristics (housing type and housing type) and various household background variables on the implementation of youth NEET (Not in Employment, Education or Training), and to suggest appropriate policy directions. As a result of the analysis, it was found that young individuals residing in unfavorable living conditions such as those who rent on a monthly basis or live in multi-household, villa, or officetel settings, had a higher likelihood of transitioning to NEET. Those who received financial support from their parents were more likely to transition to NEET. Therefore, comprehensive youth NEET support policies such as customized housing and job policies according to the characteristics of NEET should be established. In particular, even though they have reached adulthood, it is shown that the likelihood of becoming NEET is very high for youth who live together with their parents without being economically independent or who receive financial assistance from their parents. In order to mitigate and prevent these young people from NEET transition, transitioning from school to the labor market should be facilitated with policy support.

A Dynamic Study of Women's Labor Market Transitions: Career Interruptions and its Determinants (여성의 동태적 노동공급 - 취업연속성과 첫 노동시장 퇴출행태를 중심으로 -)

  • 김영옥
    • Korea journal of population studies
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    • v.25 no.2
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    • pp.5-40
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    • 2002
  • Using detailed data of women's work history, this study analyses the transition process between employment and non-employment over the life history in order to identity individual and structural determinants in the processes. Korean women comprise very heterogeneous groups in terms of work continuity: one group having a continuous work history and another having an interrupted work experience. While 4.0% of total women have stayed in the labor market since leaving school, 17.3% have not worked outside at all and remaining 87.9% have experienced into and out of the labor market at least once. On the average, the cumulated time of employment per woman is 8.2 years and the cumulated time of unemployment is 13.1 years. Thus Korean women work a total of only 38.5% of their whole lifetime after leaving school. We can conclude that the increase of the employment rate of married women in Korea since the 1970s has been due to the increase of the new entrants with short or little working careers into the labor market, not to the increase of women's work continuity on the whole. A women's educational achievement does not seem to be positively related to employment duration, contrary to the suggestion of the human capital theory, Rather, family variables, especially the existence of the child under 6 yens old, is a more significant determining factor for an individual's exit from employment. And there is little difference among different age cohorts which implies little improvement in the employment continuity of younger women. This study also documents the importance of structural variables, such as the type of occupation, as significant determining factors for the hazard rate. Specially women with professional jobs tend to stay longer in the labor market. Therefore, women's entry into more professional occupations is expected to contribute to the continuity of employment. Our results also show that duration-dependence is not spurious. When unobserved heterogeneity is controlled, the negative relation between the rate from employment and the duration of employment does not disappear.

A Cohort Study of Mental, Physical and Behavioral Impacts of Early(at Age 55) Compulsory Retirement in Korea (조기 정년퇴직자의 정신. 육체. 행위적 경향연구)

  • Duk-Sung Kim;Sae-Kwon Kong;Kong-Kyun Ro
    • Korea journal of population studies
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    • v.11 no.1
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    • pp.204-229
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    • 1988
  • This paper documents and discusses trends and differentials in youth's participation in the labor force and employment. Youth in this study is defined asthe young aged 15-29. Youth passes through a series of life-course transitions,which include school completion own family formation(marriage and childbirth) .mandatory service in the army (by males) , and their economic activities are affectedby those life-course events. Accordingly we show how and to what extent youth'slabor force participation and employment varies with age and how the age patternhas changed over time.Throughout the 1980's and 1990's, youth's labor force participation showeddifferent trends by age group Labor fDrce participation rate of the 15-19 agedsteeply decreased, while that of the 25-29 steadily increased during the twodecades, the rate fsr the 20-24 aged showing not much variation. The former is dueto the increased rate of school enrollment among the age group, while the lattercould be attributed, in part, to the young women s increased and more steadyparticipation in the labor force over time.While labor force participation could be considered as a result of one's choicesand preferences, employment opportunities are more or less restricted by labormarket structure and institutions . This study documents how the structuralconstraints have interacted with individual and group attributes to differentiateemployment opportunities between individuals (educational background) and groups(especially sex diffrences) . One of the most salient feature of youth's em[ploymentstructure is the recent high unemployment rate of the college graduates. We discusshow that is related to the'credential society'in which one's educational credentials and it's social status play major role in determining who gets what in terms of job opportunities. Also is discussed the discordance between school and labor marketsupply and demand system, which is apparent in the prolonged oversupply of thecollege graduates, which is due to the consistently high rate of college entranceobserved since the early 1980's. Theoretically the job market for college graduates isviewed not as the'neoclassical'wage competition market but as job competition market in which one's (good) job opportunity is determined by one s position in thejob queue, which is in turn heavily dependent on from which college one get shis/her college degree as well as one's sex.

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