• Title/Summary/Keyword: labor-market demand

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Changing Industrial Structure and Employment of Older Workers (산업구조의 변화와 고령인력의 고용)

  • Lee, Chulhee
    • Journal of Labour Economics
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    • v.35 no.1
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    • pp.55-88
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    • 2012
  • This article investigates the patterns of workforce aging in each industry, and examines how changing industrial structure affected the labor-market demand for and employment security of older workers in Korea. The relative size of the industries that are major employers of older workers has relatively declined since 2001, resulting in a decrease in labor-market demand for aged persons. Changes in industrial structure that occurred during the last decade have also brought an overall deterioration in the extent of employment security of older workers. These results suggest that the economic environment surrounding policies aimed at encouraging the employment of older workers is not entirely favorable. This paper also points out that policy makers need to consider that employment conditions of older workers are highly heterogenous across industries.

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Structural Vector Error Correction Model for Korean Labor Market Data (구조적 오차수정모형을 이용한 한국노동시장 자료분석)

  • Seong, Byeongchan;Jung, Hyosang
    • The Korean Journal of Applied Statistics
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    • v.26 no.6
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    • pp.1043-1051
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    • 2013
  • We use a structural vector error correction model of the labor market to investigate the effect of shocks to Korean unemployment. We associate technology, labor demand, labor supply, and wage-setting shocks with equations for productivity, employment, unemployment, and real wages, respectively. Subsequently, labor demand and supply shocks have significant long-run and contemporaneous effects on unemployment, respectively.

A Survey Study on the Demand and Supply of Measurement Labor in Korean Industry (한국산업(韓國産業)의 측정기술인력(測定技術人力) 수급실태(需給實態) 조사연구(調査硏究))

  • Lee, Dong-Su;Kim, Dong-Jin;An, Jong-Chan
    • Journal of Korean Society for Quality Management
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    • v.21 no.1
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    • pp.11-21
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    • 1993
  • In this paper, we survey the current status of measurement labor in Korean Industry. At the same time we try to predit the demand and supply of measurement labor to suggest policy measures for equilibrium in measurement labor market. We use a general production function for the prediction which include a set of general homethetic production function.

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Hired Farm Labor and Policy Direction on Agricultural Labor Markets (농업 노동력 실태와 농업 노동시장 정책의 과제)

  • Kim, Jeong-Seop
    • Journal of Agricultural Extension & Community Development
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    • v.22 no.2
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    • pp.145-158
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    • 2015
  • The purpose of this study is to analyze the current situation of farm labor and to propose directions to define government policies. First, present condition of family and employed agricultural workforce is analyzed. Second, characteristics in demand of agricultural workforce are analyzed in the consideration of distinctive types of each entity such as crop area. Third, currently existing agricultural workforce employment mechanism is researched and analyzed. Fourth, the policies and system related to agricultural labor market that have already been in practice are analyzed and tasks and direction in establishing those policies are proposed. This study will be helpful for policy makers to understand the agricultural labor markets and to build the institutional system for labor market services.

The Effects of Active Labor Market Policy on Unemployment (적극적노동시장정책이 실업에 미치는 영향)

  • Chai, Goo-Mook
    • Korean Journal of Social Welfare
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    • v.63 no.3
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    • pp.187-211
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    • 2011
  • This study examines the effects of active labor market policy on unemployment by pooled cross-section time series analysis utilizing panel data of 18 OECD countries, and seeks implications for improvements of the Korean active labor market policy. The results of the analysis are summarized as follows. First, active labor market policy negatively affects unemployment rates. Second, vacational training program among three major active labor market programs has a negative effect on unemployment rates. Third, employment service program and employment subsidy program have partially negative effects on unemployment rates. The implications for the Korean active labor market policy are as follows. First, it is necessary to expand and systematize active labor market policies. Second, vocational training programs should be systematized and professionalized according to labor demand. Third, employment subsidy programs need to be planned and carried out under the condition of minimizing a substitution effect, a displacement effect and a deadweight loss effect. Fourth, employment service programs need to be developed and carried out under the consideration of not only the reduction of unemployment rates but also the prevention of re-unemployment, mitigation of income inequality and improvement of productivity.

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Place-based Policy and Urban Poverty: An Analysis of Employment Mismatch and Placeness of Regional Labor Market (장소기반 정책과 도시빈곤: 일자리 미스매치와 지역노동시장의 장소성 분석)

  • Lee, Wonho
    • Journal of the Korean Geographical Society
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    • v.51 no.1
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    • pp.41-56
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    • 2016
  • This study investigates the employment and spatial mismatch as a significant acting factor of deepening urban poverty and analyses the placeness of regional labor market that the more efficient place-based labor market intervention needs to take into account. The change of unemployment rate as a regional labor market outcome in metropolitan cities is determined by the dynamic interaction between disequilibrium of labor supply and demand and employment mismatch according to various labor market conditions and its process is certainly differentiated across the metropolitan regional labor markets. In addition, it is analyzed that during the employment suburbanization the spatial mismatch puts differentiated impacts on different labor groups through human capital requirements and industry-selective job opportunities. As a result, because this whole process works with its unique process within individual regional labor markets, in order to link between urban poverty and employment mismatch and to promote problem-solving labor market intervention, we need to develop place-based policy based on the placeness of regional labor marekt.

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An Analysis of the Impact of Coronavirus Disease (COVID-19) on the Korean Beef Cattle Market and Farm Labor Demand for Korean Beef Cattle (코로나19가 한육우 시장 및 한육우 농가 인력수요에 미치는 영향분석)

  • Kim, In-Seck
    • Korean Journal of Organic Agriculture
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    • v.28 no.2
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    • pp.171-188
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    • 2020
  • The Coronavirus disease (COVID-19), first identified in China in December 2019, has widely spread worldwide and is an ongoing pandemic. It is expected that the ripple effect of COVID-19 on the global economy including the agricultural sector will increase substantially if not properly controlled shortly. This study examines the potential impact of COVID-19 on the Korean beef cattle sector and farm labor demand for Korean beef cattle using a dynamic partial equilibrium model. The agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming pessimistic GDP growth rate (-1.2% in 2020) with no direct supply shocks fell by up to 4.00% and 0.67%, respectively, compared to the baseline which represents the future without COVID-19 outbreak. On the other hand, the agricultural production value and farm labor demand for Korean beef cattle in the scenario assuming both pessimistic GDP growth rate and supply shocks (-12.7% beef imports and + 2.4% feed cost in 2020) increased by up to 12.08% and 1.99%, respectively, compared to the baseline.

The Cause of Increase in the Temporary In Korea: Labor Demand Approach (임시·일용직 증가 현상의 원인 - 수요 측면을 중심으로 -)

  • Kim, Yong-seong
    • Journal of Labour Economics
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    • v.31 no.1
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    • pp.1-27
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    • 2008
  • This study analyzes the causes of increase in temporary workers observed in the recent Korean labor market. In the analysis of sectors with relatively high ratio of temporary workers, the manufacturing sector tends to hire temporary workers in order to raise profitability, while wholesale & retails and construction sectors tend to employ temporary workers due to the fluctuation of product demand. Another possibility is that with the expansion of college graduates, it is likely that temporary jobs are used as a screening device to reduce the uncertainty of workers quality.

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The Impact of Digitalization on the Forms Change of Employment and the Labor Market in the Context of the Information Economy Development

  • Popelo, Olha;Kychko, Iryna;Tulchynska, Svitlana;Zhygalkevych, Zhanna;Treitiak, Olha
    • International Journal of Computer Science & Network Security
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    • v.21 no.5
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    • pp.160-167
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    • 2021
  • The authors of the article investigate the impact of digitalization on the forms change of employment and the labor market in the modern conditions. It is substantiated that digitalization processes directly affect the change of forms of employment and the range of occupations in the labor market, as well as the change of jobs. The positive and negative consequences of changing forms of employment for the economy in the process of digital transformation are analyzed, which include: reduction of personnel costs by employers; dissemination of non-standard, informal employment (electronic freelance, electronic outsourcing, start-employment); enabling employees to manage their working hours; increasing unemployment and imbalance of supply and demand in the labor market; reduction of productivity of enterprises, as a result of reduced productivity of workers with non-standard forms of employment, or with a negative indirect impact on productivity. A model for managing the process of digitalization in the labor market of Ukraine under different scenarios of their implementation, namely evolutionary and forced is devoted. To recognize the possible change in the level of employment in connection with the implementation of the forced scenario of digitalization in Ukraine, a model for estimating probable changes in the labor market is proposed. The directions of development of the state strategy of prevention of risks of reduction of number of workplaces in the course of digitalization are outlined.

The Study on Imbalance for Labor Supply and Demand in Electrical Construction Business : Simulating the Supply and Demand Gap of Technical Engineer (전기공사업 노동시장의 인력수급 불균형에 관한 연구: 기술·기능인력의 수급격차에 대한 시뮬레이션)

  • Park, Houng-Hee
    • Korean System Dynamics Review
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    • v.14 no.3
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    • pp.105-134
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    • 2013
  • Electrical construction business has public and professional characters. It may require appropriate interventions of the government because these business activities stand for not only profit-seeking competition, but also supplies of one of the key functions in our society. In other words, public benefit and private benefit are still in existence. The government therefore considers such an aspect of public importance of the business sector and needs to plan to adjust technical and engineering manpower of this market. This study focuses on the imbalance for labor supply and demand of technical engineer in electrical construction business. A system dynamics analysis is applied to understand and simulate the imbalance as a soft approach. It has the merit of causal loop diagram to alleviate the limitation of data lack problem. We find that excess demand is expected from 2010 to 2011, and excess supply is predicted from 2012 to 2021 about the manpower of technical engineer. It shows considerable disagreement between the supply and demand of human resource. So we suggest that it is strong necessity to construct statistics infrastructure for a manpower supply and demand plan.

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