• Title/Summary/Keyword: Youth Unemployment

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Duration to First Job of Korean Young Graduates: Before and After the Economic Crisis (청년층의 첫 일자리 진입 : 경제위기 전후의 비교)

  • Ahn, Joyup;Hong, Seo Yeon
    • Journal of Labour Economics
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    • v.25 no.1
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    • pp.47-74
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    • 2002
  • Since the Economic Crisis at the end of 1997, unemployment rate soared up to the record-high 8.6% (February 1999) and, for youth aged 15~29, it was 14.6% (27.8% for aged 15~19). In spite of economic recovery after the crisis, new participants in labor market at the school-to-work transition have faced with difficulties in finding their first jobs and, even further, the ratio of youth at out-of the labor force but not in school has remained at a higher level. It is important to calibrate the negative effects of nonemployment in the short-run as well as in the long-run, but there has been few study on the school-to-work transition in Korea. This study focus on the nonemployment duration to first job after formal education and comparison of its pattern before and after the crisis. A proportional hazard model, considering job prenaration before graduation (21.4% of the sample), with the semi-parametric baseline hazard is applied to the sample from the Korean Labor and Income Panel Survey(1998~2000) and its Youth Supplemental survey(2000). Interview of the Survey is conducted, by the Korea Labor Institute, to the same 5,000 household and 13,738 individual sample, guaranteeing nationwide representativeness. The Supplemental Survey consists of 3,302 young individuals aged 15 to 29 at the time of survey and 1,615 of them who are not in school and provide appropriate information is used for the analysis. The empirical results show that there exists negative duration dependence at the first three or for months at the transition period and no duration dependence since a turning point of the baseline hazard rate and that unemployment rate reflecting labor demand conditions has a positive effect on exiting the nonemployment state, which is inconsistent with a theoretical conclusion. Estimation with samples separated by the date of graduation before and after the crisis shows that the effect of unemployment rate on the hazard was negative for the pre-crisis sample but positive for the post-crisis sample.

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An Exploratory Study on the Development of the Convergence Curriculm : Konkuk University College of Healing Bio Sciences Consortium Focus (융·복합 교육과정 개발에 대한 탐색적 연구: 건국대학교 힐링바이오공유대학 중심으로)

  • Kwon, Hyuk;Song, Deok-Geon;Lee, Jin-Hong
    • Journal of Engineering Education Research
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    • v.21 no.6
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    • pp.25-34
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    • 2018
  • The low growth rate and the high youth unemployment rate that our society faces have already come to our country core problem. Today, as we enter the era of the Fourth Industrial Revolution, the social atmosphere that urgently needs to solve the problem of youth employment has become imminent, and the importance of university-industry cooperation is increasingly emphasized. In this paper, in this paper, we explore the process of how to develop fusion multifaceted curriculum centered on the Konkuk University College of Healing Bio Sciences Consortium Focus, which is developed and operated through literature review and Delphi questionnaire, The purpose of this study is to propose the conditions for enhancing educational suitability and the expansion of interdisciplinary convergence education.

The Long-Term Wage Effects of Job Displacement: Frequency or Cumulative Duration of Unemployment (실직이 임금에 미치는 장기적 효과 : 실직 횟수인가 누적실업기간인가?)

  • Shin, Donggyun
    • Journal of Labour Economics
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    • v.27 no.3
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    • pp.75-111
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    • 2004
  • On the basis of data from the National Longitudinal Survey of Youth (NLSY), this paper investigates wage consequences of cumulative experience of job displacement. Unlike previous studies, we consider two measures of cumulative unemployment experience simultaneously: the total frequency and the cumulative duration of unemployment induced by job displacement. When frequency and cumulative duration compete in a wage equation, only cumulative duration remains significant for men, while only frequency matters for women. For men, a one-month increase in the cumulative duration of displacement-initiated unemployment leads to a fall in wages by 0.4 percent. This finding is quite robust with respect to various sample restrictions and/or estimation methods. For women, approximately a 2.5 percent wage reduction is associated with an additional event of displacement.

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A Case Study on Vocational Education & Training for the Youth Employment Enhancement : Focused on Analysis of Performance Indicator in Youth Employment Academy (청년층 고용증진을 위한 직업능력개발 사례연구 : 청년취업아카데미사업의 성과지표 분석을 중심으로)

  • Kim, Kug Weon;Ghang, Bong-Jun;Lee, Woo-Young
    • Journal of Practical Engineering Education
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    • v.5 no.2
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    • pp.123-127
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    • 2013
  • Youth employment academy program focuses on resolving the job mismatch of youth unemployment through industry oriented human resource development for which company oriented capacity building program for graduate-to-be and graduate is supported. One of the major characteristics of this program is to use the M-to-M model with common skills for companies of same type of business. The operation organization in youth employment academy is supposed to be evaluated by the final employment rate after 1 year and 6 months since start of the program. So performance indicator for the operation organization was developed which means a kind of mid-term evaluation. In this research, the validity of the performance indicator is discussed. The correlations between the performance indicator and the performance evaluation, between the performance evaluation and the final employment rate, and between the performance indicator and the final employment rate are analyzed.

Employment Rate of the Youth in Korea: An Analysis by Types of Education and Training Institutes (교육훈련기관 유형별 청년층 취업률 분석)

  • Chae, Chang-Kyun
    • Journal of Labour Economics
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    • v.28 no.2
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    • pp.93-117
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    • 2005
  • This study aims to examine the transition of the youth to the labor market by types of education and training institutes focusing employment rate. To construct the dataset for the analysis, the list of the graduates from 4-year universities, junior colleges, polytechnic colleges and the graduates from vocational training institutes as of February 2001 has been merged with the database for the insured in the Unemployment Insurance Database. This data enables tracking down of these graduates in terms of their mobility in the labor market. For graduates from universities and junior colleges, their scores on the Scholastic Aptitude Test have been matched. One of major findings is that the longer the schooling period is, the better the employment results are. Among those who finished 4-year universities, those who went to schools in the metropolitan area achieve a relatively better record in job finding than those who attended schools in the local areas. Meanwhile it is confirmed that the SAT score is highly co-related with the performance in the labor market among those who finished 4-year universities. The co-relation of one's major with his/her employment is not negligible also.

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Precarity and Hope in Digital Labor: In-depth Interviews on the Off-campus Internship Experiences of College Students (디지털 노동의 불안과 희망: 대학생의 '대외활동'에 대한 심층 인터뷰)

  • Lee, Hee-Eun
    • Korean journal of communication and information
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    • v.66
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    • pp.211-241
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    • 2014
  • In the era of neoliberalism with high rate of youth unemployment, young college students are forced to believe that the only way to enter the job market is by accepting and participating temporary off-campus apprenticeship, which often disguised as an internship for the creative culture and knowledge. This article discusses that the mode of off-campus apprenticeship, which is supposed to voluntary and participatory, bears in fact a strong resemblance with digital labor. Based on a series of in-depth interviews with college students, this study argues that the apprentice-typed labor denotes a process by which immaterial labor or free labor coincides with self-directed job training. Throughout the digital labor processes young college students are in a constant oscillation between precarity and hope, negotiating their autonomy and social conditions in the neoliberal work environment. The digital labor accumulates students' knowledge and information as a form of commodity, which in turn supports communicative capitalism.

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Study on the Prediction Model for Employment of University Graduates Using Machine Learning Classification (머신러닝 기법을 활용한 대졸 구직자 취업 예측모델에 관한 연구)

  • Lee, Dong Hun;Kim, Tae Hyung
    • The Journal of Information Systems
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    • v.29 no.2
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    • pp.287-306
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    • 2020
  • Purpose Youth unemployment is a social problem that continues to emerge in Korea. In this study, we create a model that predicts the employment of college graduates using decision tree, random forest and artificial neural network among machine learning techniques and compare the performance between each model through prediction results. Design/methodology/approach In this study, the data processing was performed, including the acquisition of the college graduates' vocational path survey data first, then the selection of independent variables and setting up dependent variables. We use R to create decision tree, random forest, and artificial neural network models and predicted whether college graduates were employed through each model. And at the end, the performance of each model was compared and evaluated. Findings The results showed that the random forest model had the highest performance, and the artificial neural network model had a narrow difference in performance than the decision tree model. In the decision-making tree model, key nodes were selected as to whether they receive economic support from their families, major affiliates, the route of obtaining information for jobs at universities, the importance of working income when choosing jobs and the location of graduation universities. Identifying the importance of variables in the random forest model, whether they receive economic support from their families as important variables, majors, the route to obtaining job information, the degree of irritating feelings for a month, and the location of the graduating university were selected.

A Study on the Movement of the Young Employed and Unemployed in the Labor Market (청년층 취업자 및 미취업자 노동시장 이동 연구)

  • Jang, Yu Mi
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.307-313
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    • 2022
  • In Korea, youth participation in economic activities and unemployment appear at the same time, which is a more serious problem, so a study on the labor market movement can be viewed as a study to overcome youth unemployment. The purpose of this study is to examine how labor movement between the employed and the unemployed is progressing through the survey data of the youth panel among the employment panel and to identify the factors affecting the movement path and movement of the employed and the unemployed. In the case of the employed, they possessed professional qualifications, and in the case of unstable occupational status, they attempted to move to a stable position after being employed. In the case of the unemployed, the probability of failing to find a job was higher as they had no job search experience, the longer the job search period, and the less effort they made. The fact that the home environment directly or indirectly influences the movement of the labor market remains unchanged. On the other hand, the higher the educational level, the more stable, and the most stable the metropolitan area. Therefore, more urgently than ever, a plan to revitalize the local labor market through the organic relationship between the government, local governments, local industry, and local universities and balanced regional development should be sought.

Factors Associated with Job Search Self-Efficacy of Unemployed Youth based on the Neuman Systems Model (청년구직자의 구직효능감에 영향을 미치는 요인 : Neuman의 Systems Model을 기반으로)

  • Park, Mijeong;Oh, Doonam
    • The Journal of the Korea Contents Association
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    • v.21 no.2
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    • pp.301-314
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    • 2021
  • Youth unemployment is a global social issue which leads to a waste of human resources and undermines the national economy. Job search self-efficacy (JSSE) can predict active job search and job search outcomes. The present study identified the factors affecting the JSSE of unemployed youth based on the Neuman Systems Model (NSM). The results indicated that job search period, job search stress, and problem-centred coping ability influenced young job seekers' JSSE, which increased especially with the perception of physical health. Therefore, to promote JSSE, it is necessary to not only establish social systems for the youth but also develop an intervention plan based on the NSM that optimises problem-centred coping ability, a normal line of defence in the individual's system, and maintains a healthy physical state, a line of resistance.

Effect of University Students' Perceived Organizational Support and Employment Preparation Activities for their Awareness of Good Job (대학생의 조직지원인식과 취업준비활동이 좋은 일자리 인식에 미치는 영향)

  • Bea, Sung-Sook;Chang, Sug-In
    • Management & Information Systems Review
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    • v.36 no.1
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    • pp.59-80
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    • 2017
  • Due to the recent deepening youth unemployment aftereffect, government, companies and universities seek a youth unemployment resolution method and jobs creating measures. But there are indications that the Good Job the university students prefer are limited and sudden rise of the youth unemployment rate mirrors the situation in Japan 20 years ago. Thus, based on the preceding research, this research attempted to perform comparative analysis on Korean and Japanese university students' employment preparation activities and perceived organizational support affect their Awareness of Good Job. To achieve the goal, 2013 GOMS 5,380 copies provided by Korea Employment Information Service are used in the case of Korea and total 5,636 copies within 256 questionnaires targeted to Japanese university students are used in the case of Japan. The results of analysis are as follows. The effect relationship between the perception of organizational support and awareness of Good Job showed a positive influence both in Korea and Japan. The effect relationship between employment preparation activities and awareness of Good Job showed a meaningful effect in Korea whereas it showed no effect in Japan. In the relationship between activities of employment preparation and awareness of Good Job, moderating effect of gender and major field of study didn't show any effect either in Korea or Japan. The results of this research are as follows. First, because it is verified that the support of university has positive influence on the university students' awareness of Good Job, it seems that universities need to intensify the support for the students' welfare enhancement, education satisfaction and the structural support system. Second, the gap of attitude of employment preparation activities and awareness of Good Job between Korea and Japan occurred due to the levels of social structure, welfare and wage differences in the two countries. Therefore, if measures of policy to resolve the welfare and wage gaps between conglomerates and smaller enterprises are enacted, the awareness of younger generations to the Good Job will show a corresponding effect.

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