• Title/Summary/Keyword: labor market factors

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The Effects of Demographic Factors on the Change of Female Labor Market (여성인구변동과 노동시장)

  • Chang, Ji-Yeun
    • Korea journal of population studies
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    • v.21 no.2
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    • pp.5-36
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    • 1998
  • This study examines the change of female labor market structure during the last several decades, focusing the effects of demographic factors such as declining fertility and increasing educational attainment of women. Women of the recent cohort tend to postpone their first marriages, to attain higher levels of education, and to have smaller number of children than women of the old cohort. This demographic trend results in the change of the population compositions in a way that population subgroups with high labor force participation have been increased. In addition, women of each population subgroup supply their labor in the market with higher rate than their old cohort counterparts. The labor force participation rate of highly educated women, and of married women has been increased faster than that of women with low education and of unmarried women. Although childbirth is still one of the most critical barrier for the women's participation, more and more women with young children tend to work for pay than ever before. In spite of the demographic change which is supportive to the increasing labor force participation, the Korean labor market have lost its female participants for the last year of the economic restructuring, reflecting demand-side factors as well as demographic factors are essential to determine the labor force participation of women.

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Occupational Mobility Patterns and Determinants among Youth Wage Workers in the Local Labor Market, Korea (지역노동시장 수준에서 청년층 임금근로자의 직업이동 패턴과 영향요인 분석)

  • Changhyun Song;Up Lim
    • Journal of the Korean Regional Science Association
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    • v.39 no.3
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    • pp.49-63
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    • 2023
  • This study investigates the occupational mobility patterns of young wage employees at the local level of the labor market and empirically examines the interplay between worker-level and local labor market-level determinants between 2010 and 2020. The 4th to 14th waves of the Youth Panel 2007 were integrated with the Korea Network for Occupations and Workers and the Local Area Labor Force Survey for estimation using hierarchical linear model. Our results indicate that Gross Regional Domestic Product per capita is key determinant of occupational upward mobility. Also, Estimates of employment size, population density, and the unemployment rate of local labor market have different effects depending on the education level and occupational location of youth workers, suggesting that the effects of structural factors of local labor market may not be distributed equally among all youth wage workers. The findings have policy implications regarding the recent rise in inequality and polarization in local labor markets.

Monopsony Power of General Hospitals in Nurse Labor Market (간호사 노동시장의 수요독점에 대한 연구 - 종합병원을 중심으로 -)

  • Jeong, Hyun-Jin;Yang, Bong-Min
    • Korea Journal of Hospital Management
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    • v.5 no.2
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    • pp.40-58
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    • 2000
  • Nurses are medical personnel, who play a key role in supporting patient care, so it is important to supply them adequately in balance with ever increasing medical demand. But there appears severe shortage of nurses in some hospitals because of their uneven distribution, especially in small sized-hospitals and rural-hospitals. As nationwide distorted distribution of nurses in Korea is just like what monopsony model(a kind of market structure model) tells us, it is attempted to explain this situation of nurse labor market in Korea on the basis of monopsony model and presented in this paper. Specifically, determinants of nurse wage and the level of their relative employment were examined, and monopsony impact on their wage and the level of relative employment controlling those determinants were studied. Major results of this study arc as follows. The most important determinant of nurse wage level in this study was the wage level of a local community where each hospital located Hospital owner's characteristics an educational function of each hospital were also important factors. With these factor controlled, it was found that monopsony power of each hospital was negativel associated with nurse wage level as expected. 1% increase in monopsony power of hospital(measured by Herfindah-Hirschman Index) reduced nurse wage by $5,674{\sim}19,19$ won(in Korean currency). With regard to the level of relative employment, the most important determinant wa the capacity for supplying nurses of the local community. Again, hospital owner characteristics and educational function of each hospital were also important. With these factors controlled, it was found that monopsony power of each hospital was negative associated with the number of nurses per bed, as expected. 1% increase in monopsony power of each hospital(again measured by Herfindah-Hirschman Index) reduced the number of nurses per 100 bed as much as $0.46{\sim}0.67$. In conclusion. structural factors of nurse labor market influence the instability of nurse labor supply in Korea. Further consideration for these market structural characteristics needed for policy making related to nurse resource allocation.

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A Study on the Characteristics of Labor Market Transition and Factors Influencing Labor Market Transition of Injured Workers (산업재해근로자 노동시장이행의 성격과 영향요인 연구)

  • Bae, Hwa Sook
    • Korean Journal of Social Welfare
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    • v.69 no.3
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    • pp.193-212
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    • 2017
  • This study is purposed to explain the characteristics of injured workers' labor market situation and to analyze the factors influencing labor market transition of those workers. Using the Worker's Compensation Insurance Panel Data ver.1~3 which was surveyed by the Korean Workers' Compensation & Welfare Service in 2013-2015, this study analyzed 1,668 injured worker cases. The study shows that workers who have experience job retention at least once are 36.8% of all, 51.5% of them have experienced re-employment, and 36.9% have done unemployment. One result of the longitudinal analysis is that socio-demographic factors including gender, age, education years, convalescence period, ability on job performance, company size, term of service, temporary employment, daily-workers status before job accident and job training were associated with return to pre-injury job. The other result is that statistically significant factors affecting the probability to be the unemployed are gender, age, levels of disability, convalescence, ability on job performance, term of service before job accident, job rehabilitation service utilization. These findings indicate that we need to develop efficient intervention programs for supporting return-to-work and labor market transition of injured workers.

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A study on the change of total fertility rate in regional level : An analysis using the panel data

  • Kim, Dokyun
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.5
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    • pp.77-86
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    • 2021
  • This study aims at exploring the change of the total fertility rate(TFR) in regional level and analysing what different effects the local labor market and housing market have on the change of TFR. Previous studies have emphasized that the job and housing issues of the youth are structural factors on the decline of TFR. However, considering that youth problem is variant in local level, the relationship of job and housing issues with TFR could be different in local level. This study analyses what effects the situation of local labor market and housing market have on the TFR from 2012 to 2018 in regional level. The result is that the employment and housing factors have different effects on capital areas and non-capital areas. While the high cost of housing has negative effects on TFR in capital areas, it has rather positive effects in non-capital areas. However, labor market variables have statistically insignificant effects on TFR.

Resource Transfers between Mothers and Adult Children : Financial Resources and Caregiving (어머니와 성인 자녀간 자원이전 : 경제적 자원과 돌봄)

  • Lee, Yun-Jeong;Koh, Sun-Kang
    • Journal of Families and Better Life
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    • v.29 no.6
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    • pp.137-151
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    • 2011
  • This study examines the condition of transfers between mothers and adult children, analyzing the influencing factors in such transfers. Specifically the study examines the influence of financial transfers and economic resources on financial transfers and grandchild caregiving between mothers and adult children. The sample of 3719 mothers with adult children was extracted from the first wave of the Korean Longitudinal Survey of Women and Families. The major findings are as follows. Mothers's socio-demographic characteristics are important factors in explaining financial transfers between mothers and adult children. Mothers who have jobs and spouses are more likely to provide economic resource to their adult children than those who don't have. In terms of receiving economic resources from adult children, statistically meaningful factors are mothers' age, labor market participation, marital status, household income, household asset, and children's labor market participation. Especially, labor market participation of mothers and adult children is statistically powerful factor in financial transfers and caregiving.

Approaches to Formation and Regulation of a New Model of Social and Labor Relations in Terms of Innovative Development

  • CHULANOVA, Zaure K.
    • Asian Journal of Business Environment
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    • v.9 no.3
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    • pp.11-20
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    • 2019
  • Purpose - The study aims to substantiate the approaches and principles of forming a model of social and labor relations adequate to the modern conditions of economic development. Research design, data, and methodology - The article deals with the issues of legal regulation of social and labor relations in the labor market of Kazakhstan; describes the current model of labor relations and its basic parameters; determines the external and internal factors; specifically, the influence of the new labor law on its further development in the direction of democratization and the establishment of social partnership as a regulatory institution in the labor relations field. Result - Result is the model of the system of social and labor relations proposed by the author, which allows us to cover the multifaceted nature of this phenomenon, to unite the influence of the external environment and the internal complex of their mutual relations and interdependencies. Conclusion - The creation of an effective model of social and labor relations should proceed from the multifaceted nature of their manifestation. This means that the theoretical and methodological basis for their formation should be a comprehensive approach to solving the problems of transformation and interaction of social and economic components.

Socio-Economic Aspects of the Impact of Military Actions on the Labor Force

  • Melnyk, Stepan;Petrukha, Nina;Shuprudko, Nataliia;Ilychok, Bohdan;Balanutsa, Oleksandr
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.252-258
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    • 2022
  • Ukraine has a significant in quantity and unique in quality parameters, in particular, the level of education, a resource - the labor force, which, along with natural resources, can serve as the basis for economic growth and the achievement of sustainable development goals. The study is aimed at a thorough identification of the main factors influencing the formation and use of the labor force in Ukraine, including by comparing with the indicators of the EU countries, before the start of the active phase of military aggression by the Russian Federation. It was found that until February 24, 2022, there were negative trends in the change in the quantitative and qualitative indicators of the labor force due to the demographic crisis, the transformation of the national economy and shortcomings in state regulation of labor market development processes. The military actions not only exacerbated pre-existing problems, but also led to the emergence of new ones. A significant number of refugees and internally displaced persons, with the termination of the activities of half of the economic entities, provoked a sharp increase in real unemployment and a decrease in wages. The specific problem of the labor market of Ukraine - the "labor crisis", which has and will have a significant impact on the labor force, is carefully considered.

The Factors Determining on the Employment Rate of Men Aged 55~64 in 15 OECD Countries (OECD 15개국 중고령 남성의 취업률 결정요인)

  • Ji, Eun-Jeong
    • Korean Journal of Social Welfare
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    • v.63 no.2
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    • pp.233-260
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    • 2011
  • This study intends to analyze the trend of employment rate of men aged 55~64 in 15 OECD countries from 1980 to 2005. Furthermore, this study means to examine the determinants of men aged 55~64 in 15 OECD countries to support the labor force participation among them. The analysis is based on the data of OECD, ILO and LIS. The analysis method is Arellano and Bond(1981)'s difference GMM which used instrumental variables by dynamic panel model which estimates state dependency of labor market participation and individual panel's heterogeneity. The main results from this analysis are summarized in three points. First, the employment rates of men aged 55~64 had decreased until the middle of the 1990s, while that has been increasing since 1995. Second, the sate dependency strongly worked in the employment rates of 55~64 men and positive period effect was observed for 1980~2005. This study cannot find the pull effect of public pension, while labor market push effect have negatively affected. Third, temporary work rates had contributed to increase the employment rate of men aged 55~64 for 1996~2005. The poverty has become the mechanism of the labor.

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The Possibility of Unemployed Married Women's Entering into the Labor Market (비취업 기혼 여성의 취업의사와 영향요인 분석)

  • 김혜연
    • Journal of the Korean Home Economics Association
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    • v.35 no.2
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    • pp.81-94
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    • 1997
  • The purpose of this study is to identify the possibility of unemployed married women's economic activity by analysing their willingness to work and possible influencial factors on it. This study estimates the effects of independent variables on the dependent available by using Binomial Probit Model. sample are 592 two-parent households. The results of this study are as follows ; The percentage of unemployed married women's willingness to enter into the labor market is 25.2%. Among the variables which have affected their willingness are family variables(family size, the number of children and the existence of children under the age of 6), personal variables(the age, education level and the past working experience) and financial variables(non-wage income, Engel's coefficient, expenditure o leisure activities and the subject judgement of their financial status). It is hard to accept those women's low willingness as is since the most crucial statistically was especially the children of 6 or less among the family variables. That is to say, more favorable conditions of the labor market and inexpensive day-care centres available would certainly encourage married women to be more willing to participate in economic activities as employees.

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