• Title/Summary/Keyword: Structural unemployment

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The Labor Market Policy for 21st Century (임금(賃金) 고용정책(雇傭政策)의 운영방향(運營方向))

  • Yoo, Gyeongjoon
    • Journal of Labour Economics
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    • v.23 no.1
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    • pp.167-190
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    • 2000
  • The Korean labor market is changing very fast after the economic crisis. In the middle of 2000, the unemployment rate has decreased to the less than 4% and wage income has recovered to its pre-crisis level. However, the number of employed and the labor market participation rate has not yet recovered, and income inequality is widening. In this situation, there is some concern about the potential for the histeresis phenomenon, which occurred in Europe after 1970, and means that a high unemployment rate could continued regardless of price levels. Therefore, focus should be placed on the labor market policy for the 21 st century reducing structural unemployment through creation of jobs in order to solve problems of unemployment and income distribution simultaneously.

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A Study on the Mediation Effects of Family Support and Self-efficacy on College Students' Unemployment Stress and Adaptation to School Life (대학생의 취업스트레스와 대학생활적응과의 관계에서 가족지지, 자기효능감의 매개효과)

  • Ko, Gyeongpil;Sim, Miyoung
    • The Journal of the Korea Contents Association
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    • v.15 no.6
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    • pp.379-391
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    • 2015
  • This study aims to understand family support and self-efficacy-mediated structural relation of college students' unemployment stress with their adaptation to school life. Findings of the research are summarized as follows. The study looked into how unemployment stress would directly affect self-efficacy, family support and adaptation to school life. It was found that the unemployment stress would have immediate negative effects on the self-efficacy, family support and adaptation to school life. In addition, the study noticed that with both family support and self-efficacy applied as mediating factors, unemployment stress influences college students' adaptation to school life indirectly and negatively. After the investigation on the immediate effects of family support in relation to the self-efficacy, the study indicated that family support has an immediate positive influence on the self-efficacy. In terms of self-efficacy, it appeared to affect adaptation to school life both positively and directly but, its indirect effects on the adaptation to school life was not confirmed. The study failed to find any direct influence of the family support on adaptation to school life but learned that the family support causes an indirect positive effect through self-efficacy, the mediating factor. In conclusion, the study suggests that adaptation to school life improves as long as unemployment stress decreases, while the family support and the self-efficacy are enhanced.

한국의 이혼율 변동에 관한 사회$\cdot$인구학적 변인고찰

  • 변화순
    • Korea journal of population studies
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    • v.10 no.2
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    • pp.1-16
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    • 1987
  • 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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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 the structural model of poverty, unemployment, disease, and depression using Big data: focused on Google Trends (빅데이터를 활용한 빈곤, 실업, 질병, 우울증과의 구조모형 연구 : Google 트랜드를 중심으로)

  • Lee, Hyoung-Ha
    • Proceedings of the Korean Society of Computer Information Conference
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    • 2021.01a
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    • pp.119-120
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    • 2021
  • 본 연구의 목적은 Big Data를 활용하여 우리나라 빈곤, 실업, 질병의 우울증과의 인과관계를 규명하고자 한다. 이를 위해 Google 트랜드의 지난 5년간(2015.12. 27~2020.12.20.)의 빈곤-실업-질병-우울증 등의 주제어 중심의 분석을 시도하였다. 분석결과, 빈곤(B=.295, p<.001)과 실업(B=.404, p<.001)은 질병에 유의미한 영향을 미치며, 빈곤(B=.150, p<.01)과 질병(B=.186, p<.01) 및 실업(B=.466, p<.001)은 우울증에 유의미한 영향을 미치는 것으로 나타났다.

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Unemployment Disparities and Their Dynamics of the Metropolitan Areas since the Financial Crisis of 1997 (외환위기 이후 대도시지역간 실업의 차이와 그 역동성: 사회적 배제의 구조화에 대한 함의)

  • Lee, Won-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.1
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    • pp.94-110
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    • 2008
  • This study examines the unemployment and labor market demand dynamics as well as their implication for social exclusion in the metropolitan areas of Korea since the financial crisis of 1997. The unemployment research containing significant implication for social exclusion is a key area to be explored with the research of skill and income polarization due to structural economic transformation. Skill polarization usually results in the job loss for some people, which most likely leads to the economic deprivation and social exclusion. The unemployment rate and its regional disparity began to fall since 2000, but the disparity reversed to increase after 2005. The labor market dynamics of the metropolitan areas are turned out to be related with the size of the city and the relative shares of both manufacturing and service sectors. In addition, the employment growth is turned out to be related with the changes of both output and productivity. It is also found that the unemployment is affected with the job change and the tertiarization of the economy. However, it is of more significance to recognize that the dynamics and patterns of the labor market in the metropolitan areas are quite spatially differentiated and the differentiation is likely determined by the factors such as industrial structure, employment dynamics and job demand changes.

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Korea's Natural Rate of Unemployment: Estimates and Assessment (한국의 자연실업률 추정)

  • Shin, Sukha
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.3-62
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    • 2004
  • This paper estimates Korea's natural rate of unemployment using various estimation methods such as pure time-series methods, reduced-form methods, and structural form methods, with discussion about relative advantages and disadvantages of each estimation method. This paper also provides the confidence interval of the estimated natural rate of unemployment by the Monte Carlo integration method. Though multivariate unobserved component model exhibits better performance in many aspects than other estimation methods, awareness should be raised for a potential misspecification problem of a multivariate unobserved component model. Considering that each method has its own advantages and disadvantages, it is recommended to make an inference on the natural rate of unemployment based on common results among various methods. Korea's natural rate of unemployment was estimated to be around 3.8~4.0% on average in the period of 1979:I~1987:IV, and to decline to 2.5~2.9% in the period of 1988:I~1997:IV. During the Asian crisis, it is estimated to peak at near 4.8% and to have been on a downward trend since then.

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A Study on Complementarity of Green Growth (녹색성장의 상보성에 관한 연구)

  • PARK, Seong-Kwae
    • Journal of Fisheries and Marine Sciences Education
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    • v.21 no.2
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    • pp.306-324
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    • 2009
  • The purpose of this study is to analyze green growth issues such as employment, education and training, social capital and nature's standing right from the complementary perspective between natural environment conservation and economic growth. Green growth can be defined as a growth which lowers an increasing rate of entropy and at the same time improves our living standard. Green growth paradigm requires a quite amount of understanding the laws of thermodynamics and the uncertainty principle as the highest orders which regulate our overall socio-economic behaviors. They suggest that socio-economic growth is a mere transformation process of natural energy from one form to another and they increases natural manmade entropy over time. The most important issue of green growth policy may be a problem concerning employment and/or unemployment since green growth may induce inevitable movement of resources from the existing industries to the green sector. In particular, green industries will demand more highly specialized manpower than the existing ones. Without a well-designed new training education system and social capital accumulation toward environmental concerns, green growth may accompany a substantial amount of structural involuntary frictional unemployment. This may increase not only wealth-distribution disparity but also political instability. In order to achieve harmonious green growth, we should recognize that there are important complementary relationships between green and growth. Our society should also be able to innovate the existing educational system to accumulate social capital, to create a new sharing system, and to admit nature's standing right. Although the 2003 lawsuit case of Korean Salamander in Cheonseong Mountain went against plaintiff, it would provide apparently our society with a way of green development ahead.

Wage Determination Process and Income Disparity in Korean Metropolitan Cities (우리나라 광역대도시 지역노동시장의 임금결정과정과 소득격차)

  • 이원호
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.187-207
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    • 2002
  • This study investigates the wage determination process of regional labor markets in order to understand the regional dimension of labor market processes in Korean metropolitan cities. Since the financial crisis in late 1997, the interplay between labor market restructuring such as unemployment and skill polarization and income disparity has been shaped by the labor market process in the metropolitan cities. This is also closely related to the fact that both industrial restructuring and expanding information technologies in the metropolitan region have reshaped the labor demand structure and finally resulted in structural unemployment due to skill mismatch and spatial mismatch and wage inequality across different occupations. In addition, since wage determination process clearly has a regional dimension, wage determination and its influence on income profile in a certain regional labor market need to be understood by investigating its labor market characteristics including labor supply and demand structure, industrial changes, changing unemployment, etc. This is why labor market policy as a regional policy needs to be redefined and it can be much enhanced by geographical investigation on regional labor market.

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A Study on New Business of the Food Service Industry (외식산업의 창업에 대한 연구)

  • 조병소
    • Journal of Applied Tourism Food and Beverage Management and Research
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    • v.9
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    • pp.273-302
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    • 1998
  • INTERNATIONAL MONITORY FUNDS wave swept the Economic structural insolvency lies one upon another with low growth, low trust, low prices, low interest and low employment as[2 down 3 up] phenomenons have been distinguished and low enterprise a control of structures due to forecasting 200 million unemployment, including 600 million unemployed the head of a family population have a difficulty in their life. Only way to give them hope is through the commencement of an enterprises to have 2nd career development. But end of 1995, 467,00 dining out companies have been established and recently business are in depression. There are many business conditions of change of business or reduce operations, if unemployment populations of 5%, 100,000 peoples doing the commencement of an enterprises, enormous number of dining out companies will be increased and the competition will be fierce, especially those who have short knowledge and experience doing the commencement of an enterprises have high failure than success which will give a problems to society. Our study is to make the commencement of an enterprise to reducing the faiure and to be successful for main point to successful commencement of an enterprise, the established can self capability and mental condition, the main important factor is types of industry selection, successful and those established who takes this conditions will very carefully inspect various matters by scientifically and rationally mind industrys propulsion graphs and open official fixture graphs will framing detail factors. One by inspect the reduction of failure, and successful commencement of an enterproses mind industry have been studied.

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