• Title/Summary/Keyword: Unemployment

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Marine Crime and Business Cycle (해상범죄와 경기변동)

  • 나호수
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.7 no.3
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    • pp.107-116
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    • 2001
  • The relatively rapid rising trends of crime rates in marine situations leads to social concerns in Korea. This study reviews some theoretical backgrounds of the economics of crime and apply econometric models to Korean marine crimes. We find that there is a positive relationship between marine crime rates and unemployment rates in Korea and the degree of the relationship is higher in the 1990s' in comparison with the results of 1970s' and 1980s'. This findings are compatible with the previous theoretical researches in advanced countries. These findings show that recently the structure of our economy and the economic behaviors of economic agents in Korea have been similar to those of the advanced economies. Therefore this study shows that there exists the additional social costs of economic depression by causing the social crimes and the necessity of public policies to reduce unemployment rates would be higher.

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Opportunities and Challenges of Utilizing Service Robots in Tourism Industry: A Tool for Recovery from COVID-19 Pandemic

  • Omar Parvez, M.;Cobanoglu, Cihan
    • Journal of Smart Tourism
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    • v.1 no.3
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    • pp.17-20
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    • 2021
  • Technology and tourism have become inseparable, and technological innovations propose new services to the tourism industry. During the current pandemic, service robot usage has increased more than at any other time which comes with advantages and disadvantages. This paper discusses the opportunities and challenges of utilizing service robots in the service industry during and after the pandemic crisis. The study follows a content analysis methodology. Findings indicate that service robots are easy to access, offer an alternative form of communication, reduce costs and boost operational safety; in contrast, robotics increase unemployment and cause anxiety and depression among the demoralized employees.

Determinants of Economic Growth in ASEAN Countries (2002-2019)

  • Khin Theingi Aung
    • SUVANNABHUMI
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    • v.15 no.2
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    • pp.215-244
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    • 2023
  • This study analyzes the effect of macroeconomic indicators such as foreign direct investment (FDI), domestic investment, trade, inflation, unemployment, population, and governance indicators on economic growth and points out the GDP growth rate in 2002- 2019 among ASEAN countries. Data were compiled from the Worldwide Governance Indicators (WGI) and the World Bank, and the effect of variables on GDP was predicted using the pooled ordinary least squares (POLS), fixed effects model (FEM), and random effects model (REM) methods. As a measure of growth, the GDP growth rate has been taken; FDI and domestic investment, trade, inflation, and governance indicators are positively connected and have an influence on economic growth in these ASEAN countries; domestic investment, population, and unemployment have a negative relationship to economic growth. The macroeconomic indicators and institutional stability of the nation have an effect on its economic growth. Comprehensive institutional stability and well-laid macroeconomic policies are required for growth to materialize.

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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An Efficient Estimation of Local Area Unemployment Rate Based on Small Area Estimation (소지역 추정법을 이용한 효율적인 지역 실업률 추정)

  • Kim, Soo-Taek
    • The Korean Journal of Applied Statistics
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    • v.24 no.6
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    • pp.1129-1138
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    • 2011
  • Small area estimation has received significant intention in recent years due to a growing demand for reliable local area statistics. Traditional area-specific direct estimates based solely on sample survey data in the areas of interest do not provide adequate small area precision; however, design-based indirect local area estimators borrow strength from sample observations of related areas to increase the effective sample size. Design-based indirect estimation methods such as synthetic and composite estimators are considered to adjust local area unemployment rate estimates in the Korean Economically Active Population Survey. This study suggests an efficient alternative to minimize the cost to construct the unemployment rate of a local area through simulation under the condition that we can maintain a certain level of CV for the estimates. We obtained the results that the composite estimators using a sample size greater than 10 are more stable and significant at the level of CV 25% in our design scheme.

Comparative Study on the Perception Differences in Selection Criteria Between HR Managers and University Students (선발기준에 관한 인사담당자와 대학생의 인식 차이에 관한 비교 연구)

  • Oh, Sang-Young;Kim, Dong-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.8
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    • pp.3503-3509
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    • 2011
  • Recently the problem of high unemployment rate of college graduate is one of the government's important issues to be solved. Therefore government has been proposed various policies and strategies to solve the problem and also universities are trying to put their best time and efforts to help students to find their decent jobs. In this study, we have compared the differences of new employee selection criteria between corporation's human resource managers and college students which could be one of the reasons of high unemployment rate. Our research shows that there are significant differences between two groups that are considered to be one of reasons of miss matched employment between companies and applicants. Therefore we have suggested how students, companies and universities can solve the problem of different perceptions on the selection criteria and tried to contribute to increase college students' employment.

Toward A New Scheme for Unemployment Protection - UI Benefit vs. Self-insurance Through Borrowings - (실업자 보호정책의 개편 방향: 실업급여와 연금 통합을 중심으로)

  • Yun, Jungyoll
    • Journal of Labour Economics
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    • v.27 no.1
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    • pp.77-105
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    • 2004
  • Given the limitations of UI benefit and self-insurance through precautionary savings, this paper suggests a new scheme of income support for the unemployed, which offers unemployed workers not only UI benefit but also borrowings from their future pension incomes. Allowing individuals to have effective self-insurance through pension- borrowing, this scheme provides them with consumption-smoothing and reduction in risk burden while maintaining search incentives of the unemployed. Simulation study based upon household panel data in Korea suggests that a heavy reliance should be set upon self-insurance through pension-borrowings rather than upon UI benefit, even for the low-income individuals who are subsidized under UI system. This result provides us with insightful implications for a social safety net in (fast-growing) developing countries, where people cannot afford a good amount of UI benefit or of precautionary savings against unemployment although they expect their incomes to be much higher in the future. Indeed, it is consumption-smoothing effect of self-insurance through pension- borrowings, as well as its incentive-maintaining effect, that makes it a promising alternative of social safety net in developing countries.

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Youth Unemployment and the Effect of My Mom's Friend's Son (청년층 실업과 엄친아효과)

  • Bai, Jin Han
    • Journal of Labour Economics
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    • v.33 no.2
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    • pp.1-26
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    • 2010
  • Introducing a concept of 'the Effect of My Mom's Friend's Son'(MMFS Effect) into the conventional job search theory to develop it further, we try to estimate its effects on the hazard rate of youth pre-employment duration with some proxy variables such as his/her parents' schooling, monthly temporary/daily workers ratio, monthly average wage differentials between the workers of large and small firms. The results confirm us the fact that so called 'MMFS Effect' has been strengthened gradually up to recently. Their policy implications are as followings. Firstly, from the standpoint of shortening job searching period of youth and raising the hazard rate of their unemployment, the trend that the differentials of wages and quality of jobs in the labor market are expanding continuously is not desirable at all. Secondly, the problems of youth unemployment cannot be solved easily only by providing correct and relevant informations about the labor markets simply.

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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.

Cognitive Ability in Midlife and Labor Market Participation Among Older Workers: Prospective Cohort Study With Register Follow-up

  • Sundstrup, Emil;Hansen, Ase M.;Mortensen, Erik L.;Poulsen, Otto M.;Clausen, Thomas;Rugulies, Reiner;Moller, Anne;Andersen, Lars L.
    • Safety and Health at Work
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    • v.11 no.3
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    • pp.291-300
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    • 2020
  • Background: The study aimed to determine the association of individual cognitive ability in late midlife with labor market participation among older workers. Methods: This prospective cohort study estimates the risk of long-term sickness absence, disability pension, early retirement, and unemployment from scores on the Intelligenz-Struktur-Test 2000R by combining data from 5076 workers from the Copenhagen Aging and Midlife Biobank with a register on social transfer payments. Analyses were stepwise adjusted for age, gender, physical and psychosocial work environment, health behaviors, occupational social class, education, and chronic diseases. Results: In the fully adjusted model, low cognitive ability (≥1 standard deviation below the mean for each gender) and high cognitive ability (≥1 standard deviation above the mean for each gender) were not associated with risk of any of the four labor market outcomes. Conclusion: Individual cognitive ability in late midlife was not associated with risk of long-term sickness absence, disability pension, early retirement, and unemployment in the fully adjusted model. Thus, no direct effect of individual cognitive ability in late midlife was observed on the risk of permanently or temporarily leaving the labor market.