• Title/Summary/Keyword: Labor ageing

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Labor Force Shortage Projection and Policy Implications: Impact of Demographic Transition in Korea (저출산 고령화에 따른 노동력 부족 전망과 정책적 함의)

  • Lee, Sang-Lim
    • Korea journal of population studies
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    • v.35 no.2
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    • pp.1-28
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    • 2012
  • In this study, labor force projections are made in order to examine the process and magnitude of labor shortage caused by population ageing in Korea. Starting from theoretical review and analysis of population projection data, this study presents that serious transitions of labor market are expected to begin between 2020 and 2030. This study shows even in case of encouraging higher labor participation, labor shortage cannot be offset but only delay and alleviate effects of population ageing. Finally, this study points out some important implications of labor policy including sensitive social and political issues which should be considered.

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Labor Productivity Model on Construction Industry Using System Thinking (시스템 사고를 활용한 건설 산업의 노동생산성 모델)

  • Jang, Ho-Myun;Kim, Kyong-Hoon;Kim, Jae-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.9 no.3
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    • pp.79-85
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    • 2009
  • Labor productivity issues within the construction industry are receiving increasing attention. With the improvement in the standard of living, domestic laborers are avoiding 3D(Difficult, Dirty, and Dangerous) jobs by degrees. Because of this situation, the problem of insufficient labor is exacerbating in several basic industries. In particular, insufficient labor is a serious problem in the construction sector, where the workers are ageing and labor costs are increasing. In this study, we adopt a systematic approach to identify factors that influence labor productivity and analyze the causality between the factors and their ripple effects with the aim that the results of the study will help improve labor productivity and ensure its effective management. The established labor productivity model using systems thinking will get a footing in the greatest strategy in the construction industry.

Labor Productivity Model on Construction Industry Using System Thinking (기술사 마당 - 기술자료 - 시스템 사고(思考)를 활용한 건설 산업의 노동생산성 모델)

  • Jang, Ho-Myun
    • Journal of the Korean Professional Engineers Association
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    • v.42 no.4
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    • pp.62-67
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    • 2009
  • Labor productivity issues within the construction industry are receiving increasing attention. With the improvement in the standard of living, domestic laborers are avoiding 3D (Difficult, Dirty, and Dangerous) jobs by degrees. Because of this situation, the problem of insufficient labor is exacerbating in several basic industries. In particular, insufficient labor is a serious problem in the construction sector, where the workers are ageing and labor costs are increasing. In this study, we adopt a systematic approach to identify factors that influence labor productivity and analyze the causality between the factors and their ripple effects with the aim that the results of the study will help improve labor productivity and ensure its effective management.

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Right Guarantee Level of Job Creation Project for the Elderly by Participation Type : Focused on Madrid International Plan of Action on Ageing (노인일자리사업의 참여유형별 권리보장 수준에 관한 연구 -고령화에 관한 마드리드 국제행동계획을 중심으로-)

  • Yoon, Young-Ji;Lee, Sun-Woo
    • The Journal of the Korea Contents Association
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    • v.15 no.5
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    • pp.219-227
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    • 2015
  • This study analyzes the right guarantee level of Job Creation Project for the Elderly by participation type based on Madrid International Plan of Action on Ageing. The analysis is conducted using '2012 Job Creation Project for the Elderly Participants Survey' of Korea Labor Force Development Institute for the Aged. The major findings are as follows: First, "social contribution" type's implementation level of "active participation in society and development" is not high enough. Second, considering the average age of the participants, the level of "work and the ageing labor force" is high enough while the practical level is not high in market. Third, the level of "access to knowledge, education and training" is not enough within "market entrance" participants. Fourth, the level of "poverty reduction" and "income security" is not high. Based on the results, this study proposes that the quality of "social contribution" type's occupations and "market entrance" type's education should be improved. Also, the wages of the entire occupations provided by this project need to be raised.

Labor Transition of Middle-aged and Elderly and the Effects of Perceived Job Stability on Poverty Exit (중·고령층 고용변화 추이와 고용안정성이 탈빈곤에 미치는 영향)

  • Kang, Sung-Ho;Jo, Joon-Yong
    • The Journal of the Korea Contents Association
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    • v.16 no.2
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    • pp.231-242
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    • 2016
  • This study analyses labor transition of middle-aged and elderly in Korea utilizing Korean Longitudinal Study of Ageing(KLoSA). Then it estimates the effects of perceived job stability for the middle-aged and elderly on poverty exit based on the age group simulation. The outcomes suggest that mid-50s and over are highly vulnerable to early retirement and they suffer from unstable employment and low possibility of re-employment. The logit analysis that simulates the effects of perceived job stability on poverty exit shows that mid-50s are more likely to get off the poverty than 65 and over when they have stable jobs. These implies that labor market policies should be designed in a tailor-made manner in consideration of the age group and its characteristics. This study also suggests the introduction of progressive labor policy measures that extends retirement age, that provides with job opportunities to middle-age and elderly, and that links employment and welfare under the umbrella of income security plan for the middle-aged and elderly.

Productive Activities and Psychological Well-being in the Elderly (노년기 생산적 활동과 심리적 안녕)

  • Sung, Hea-Young;Cho, Hee-Sun
    • Journal of the Korean Home Economics Association
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    • v.44 no.6 s.220
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    • pp.35-45
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    • 2006
  • The purpose of this study is to investigate productive activities effect on psychological well-being in the elderly. As people grow older, the level of physical function and psychological well-being is decreased. But We verified maintaining productive activities could make buffering effect on psychological well-being. And We investigate what kind of productive activities could effect on psychological well-being by gender. As a result, there were differences in self efficacy belief, life satisfaction and depression by age, education, absence of spouse, subjective economic status and physical function. Group activity and domestic labor had on affirmative effect on self efficacy belief in male and female elder. Learning activity had on positive effect on life satisfaction in female. Depression was negative influenced by voluntary activity and domestic labor in female and pay work, group activity and domestic labor in male.

The Impacts of Changes in Elderly Employment on Youth Employment in Korea: Evidences from an Establishment-level Panel Data (고연령층 고용변동이 청년층 고용에 미치는 효과: 사업체패널 자료를 이용한 분석)

  • Kim, Joon-Young
    • Journal of Labour Economics
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    • v.34 no.1
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    • pp.71-101
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    • 2011
  • Using an establishment-level panel data drawn from the employment insurance administrative DB, this study investigates the relationship between elderly and youth employment in Korea. The primary focus of interest is whether or not the ageing of workforce and an increase in elderly employment have negative impacts on youth employment. In the regression using the full sample, we find the evidence that a movement in elderly employment and ageing workforce are positively related to youth employment. However, we do not find consistent evidence of the positive impact of the elderly employment on youth employment in the estimations using sub-samples divided by various criteria.

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And The State Will Prevail: The Elder Caregiver Sector in Singapore and Thailand

  • Devasahayam, Theresa W.;Gray, Rossarin
    • SUVANNABHUMI
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    • v.12 no.1
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    • pp.89-110
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    • 2020
  • Singapore and Thailand have been rapidly ageing. There has been a growing demand for eldercarers in the home-setting for which migrant domestic workers have filled the role. This paper examines the Association of Southeast Asian Nations (ASEAN) Consensus governing women migrant workers entering the eldercare sector. It argues that because the ASEAN Consensus is not legally binding, it only serves to reinforce the sovereignty of states in the treatment of migrant workers instead of member states acting in unison to ensure labour protections for this group; as a result, Singapore and Thailand do not feel the need to step up protections for this group of workers according to national labor laws and hence low-skilled women migrant workers entering the eldercare sector continue to be vulnerable to labour abuses. Thus as with globalization, the ASEAN Economic Community manifests the paradox of borders: that while states are economically interconnected and interdependent, they are simultaneously disconnected and independent from each other.

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Self-employment as Bridge Employment (자영업과 가교일자리)

  • Sung, Jaimie;Ahn, Joyup
    • Journal of Labour Economics
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    • v.27 no.2
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    • pp.1-27
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    • 2004
  • The share of self-employment shows a downward trend until 1990 and then an upward trend since then. The upward trend is mainly due to more employers and more male self-employed, which implies that self-employment plays a significant role as an alternative form of employment. This paper examines whether self-employment can be a bridge between no work and wage work in the processes entering into or exiting labor market, and if so, what determines the choice of self-employment as a bridge, using the data from the Korea Labor and Income Panel Survey(Wave 1 to Wave 5). Empirical analysis employing the probit model shows that the older, female, the less educated, and persons with bad health are more likely to choose self-employment as a bridge in the exit process and that they are less likely to choose it as a bridge in the entry process. Business cycle has a statistically significant negative effect on its role of bridge employment in the exit process but not in the entry process. The result implies that, in the ageing society, labor market policy should consider self-employment as a better alternative than wage work for the aged.

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An Empirical Study on the Effects of Fertility Rate and Female Labor Supply on Economic Potential (출산율 및 여성고용 제고 정책이 성장잠재력에 미치는 영향)

  • Ryu, Deock-Hyun
    • Korea journal of population studies
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    • v.31 no.1
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    • pp.27-54
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    • 2008
  • The purpose of this study is to analyze the effect of policy boosting fertility and labor participation rate on potential GDP growth rate. To do this, we employ a growth accounting approach, which decomposes per capita GDP into two parts. The first one is the change of dependency ratio and the other is the change of labor input. The labor input is again decomposed into the qualitative and quantitative parts. The quantitative part considers the change of labor participation rate and working time. The qualitative aspects is based on the trend of productivity of labor. From the scenarios of NSO(National Statistics Office), the effect of the fertility-raising policy on per capita potential GDP growth rate is calculated and projected to the year of 2050. We also forecast the policy effect inducing high labor participating rate of female labor and beyond 55-year old labor. The baseline results show that the per capita GDP growth rate will show mid 4% to the year of 2010, gradually declining to 3.94% by 2020, 3.03% by 2030, 2.41% by 2040. The high fertility rate scenario will not have effects on the potential growth by 2030, but show 0.10%p higher per capita GDP growth rate than that of baseline scenario result. By the high female labor participation policy, the per capita GDP growth rate will reach 0.04%p higher per capita GDP growth rate than that of baseline scenario. Based on the results of this paper, we conclude that the quantitative labor input cannot solely account for the trend decline of potential GDP, and the qualitative aspect, like labor productivity, is much more important element to sustain and boots the economic growth.