• Title/Summary/Keyword: Employment impact

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The Impacts of Changes in Elderly Employment on Youth Employment in Korea: Evidences from an Establishment-level Panel Data (고연령층 고용변동이 청년층 고용에 미치는 효과: 사업체패널 자료를 이용한 분석)

  • Kim, Joon-Young
    • Journal of Labour Economics
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    • v.34 no.1
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    • pp.71-101
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    • 2011
  • Using an establishment-level panel data drawn from the employment insurance administrative DB, this study investigates the relationship between elderly and youth employment in Korea. The primary focus of interest is whether or not the ageing of workforce and an increase in elderly employment have negative impacts on youth employment. In the regression using the full sample, we find the evidence that a movement in elderly employment and ageing workforce are positively related to youth employment. However, we do not find consistent evidence of the positive impact of the elderly employment on youth employment in the estimations using sub-samples divided by various criteria.

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Analysis of the Good Job Condition of Which Young People Think and the Impact of Job Search Behavior on Employment (청년들이 생각하는 좋은 일자리 조건과 직업탐색행동이 취업에 미치는 영향 분석)

  • Chang, Wook-hee
    • Journal of Practical Engineering Education
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    • v.13 no.2
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    • pp.351-368
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    • 2021
  • This paper is meaningful in that it empirically studies the good job condition of which young people think and the impact of job search behavior on employment. In addition, employment status and additional job search performance were set as performance variables. The main research results of this study are as follows. First, as for the good job condition considered by young people, wages and salaries in terms of companies, job stability in terms of environment, and work-life balance in terms of individuals were found. Second, job search behavior was found to be a key variable influencing employment status and job search performance. Third, it was found that job-search stress injures employment. Finally, work experience promotes employment and job search performance. Therefore, to increase the employment success rate of young people, above all, various supports for increasing the frequency of young job seekers' active job search behavior are needed. To this end, it suggests that it is necessary to develop a customized youth policy service model and to provide systematic services to meet the needs of young people.

Under and Over Employment and Working Conditions (과소/과잉노동과 근로환경)

  • Rhee, Kyung Yong;Song, Se Wook;Kim, Young Sun
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.24 no.4
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    • pp.536-546
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    • 2014
  • Objectives: The major objective of this paper is compare the exposure work hours and experieence of ill health symptoms among under and over employment and matched group. Workers with over employment have more exposed to hazards than that with under employment because that workers with over employment work more than those with ender employment. Methods: This study as heuristics one used the third Korean Working Conditions Survey done by Occupational Safety and Health Research Institute in 2011. The sample size is 50,023 economic active persons. Over and under employment were measured by matching method of preferred and actual work hours. The exposed work hours to hazards were measured according to 13 hazardous factors and the experience of ill health symptoms were scaled by the number of experienced 14 ill health symptoms. To compare the exposure and the symptoms experience were compared by mean difference test with F test. Results: The proportion of over employment in male employees is 32.1% and that in female employees is 29.3% and under employment rate is 11.2% in mae and 13.9% in female employees. There is significant difference of the rate of over and under emplyment among age groups, industrial sectors, occupational groups and the state of employment. The difference of the exposed work hours to hazards among under, over and matched group were statistically significant in all hazards by gender. The exposed work hours to hazards in over employment were more than those in under employment. The number of experienced symptoms in over employment is statistically significantly more than that in under employment. Conclusions: Workers with over employment may be vulnerable group in the criteria of hazard exposure and health status. The results have some implications and limitations because that this study is heuristic one. The mismatch of preferred and actual working hours may be unfavorable work condition that has impact on safety and health of workers. The impact mechanism may be investigated as future study, Because that this study used cross sectional survey data, some causal relationships cannot be evaluated.

A Study on Economic Impact Analysis of REITs Distribution Industry (리츠 유통산업의 경제적 파급효과에 관한 연구)

  • Choi, Cha-Soon
    • Journal of Distribution Science
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    • v.13 no.12
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    • pp.85-94
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    • 2015
  • Purpose - The purpose of this paper is to provide a political registration point for analyzing the economic impacts on the national economy from the REITs distribution industry in our country. The REITs distribution industry was introduced in 2001 to accelerate the corporate restructuring process and advance the real estate market. During its establishment, the REITs distribution industry faced difficulties; however, the industry grew rapidly through interest from institutional investors, thus mitigating the establishment problems by 2006. In Korea, more than 108 REITs were operating as of the end of June 2015. REITs contribute significantly to the national economy. The economic impacts on the national economy of the REITs distribution industry was analyzed using input-output (I-O) analysis with respect to production, imports, value-added, and employment. Research design, data, and methodology - The research used an I-O analysis of the activities of the REITs distribution industry in the national economy. The I-O analysis methodology analyzes the economic effects that influence other industries with respect to one unit of external investment. The data for this analysis were the I-O table of 2013 as published by the Bank of Korea in 2014. Results - The findings of this study are as follows. First, if an external input to the REITs distribution industry is 1 won, the overall impact of the product is 1.3869 won, the import induction is 0.0002 won, and the value-added induction is 0.7656 won. A new investment of 659.9 billion won into the REITs industry was estimated to produce a gross effect of 915.2 billion won. Second, if an external input to the REITs distribution industry is 1 billion won, the employment-inducing effects are estimated at 19.6394 individuals. The employment-inducing coefficient of 19.6394 for the REITs distribution industry indicates that the industry created significant employment-more than other industries-because the coefficient was 2.2 times the 2013 industry average employment-inducing coefficient of 8.8. Third, the investment effects of the REITs distribution industry on production induction, value-added induction, and employment induction are assumed to be large in business support services, financing, communications and broadcasting, and professional, scientific, and technical services. Conclusions - The REITs distribution industry was analyzed as having a strong employment inducing, high value added effect. The REITs distribution industry is an excellent alternative for the government authority to create multilateral jobs. Because the REITs distribution industry has a significant positive impact on the national economy, it should be developed. However, the I-O methodology has restrictions with respect to the fixation and timing of the input coefficient. Follow-up research is expected to supplement the analysis method at a specific point in time.

The Precarization of Employment: A Case of Kazakhstan

  • Jumambayev, Seisembay
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.2
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    • pp.59-66
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    • 2016
  • Dynamic changes in the field of labor relations have become a general trend in the world practice. These changes are due the impact of globalization and technological innovation above all. Concept of "precarization of employment" appeared due the new emerging labor relations. This term has been used for more than thirty-five years, but there is still no generally accepted definition of it. A wide range of authors' viewpoints on problem of precarization makes it vague and impossible to strictly to identify its borders. Features of its manifestations in different countries also complicate the problem. Kazakhstan is a country with export-oriented economy of raw materials. At the same time government try to solve the problem for the industrial-innovative development of the economy. These two factors bring additional specific features in the manifestation of the precarization of employment in the country. The aim of the paper is to identify the features of "precarization of employment" concept in Kazakhstan's practice, based on the proposed definition.

Development of Causal Map about Impact of Employment Structure of Construction Workers on the Construction Industry (건설 근로자 고용구조가 건설 산업에 미치는 영향에 대한 인과지도 개발)

  • Lee, Chanwoo;Kim, Minju;Cho, Hunhee;Kang, Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.120-121
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    • 2018
  • The construction industry is a typical labor-intensive industry, and is heavily influenced by the employment structure. However, research on how the employment structure of construction workers affects the construction industry has not been sufficiently studied. In this study, the major factors influenced by the employment structure in the construction industry are derived and the causal relationship between the factors is illustrated. The results of this study are expected to be used as data for setting direction of policies related to the employment structure of construction workers.

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Who's Hit Hardest? The Persistence of the Employment Shock by the COVID-19 Crisis

  • HAN, JOSEPH
    • KDI Journal of Economic Policy
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    • v.43 no.2
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    • pp.23-51
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    • 2021
  • The persistence of the employment shock by COVID-19 has various policy implications during the pandemic and beyond it. After evaluating the impact of the health crisis at the individual level, this study decomposes employment losses into persistent and transitory components using the observed timing of the three major outbreaks and subsequent lulls. The estimation results show that while face-to-face services were undoubtedly hit hard by the COVID-19 crisis, the sectoral shock was less persistent for temporary jobs and self-employment. Permanent jobs in the hard-hit sector showed increasingly large persistent losses through the recurring crises, indicating gradual changes in employer responses. The persistent job losses were concentrated on young and older workers in career transitions, whose losses are likely to have long-term effects. These results suggest that targeted measures to mitigate the persistent effects of the employment shock should take priority during the recovery process.

Investing Abroad, Transforming at Home: An Empirical Study of Outward Foreign Direct Investment and Korean Manufacturing's Servicification

  • Yonggeun Jung;Jung Hur
    • East Asian Economic Review
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    • v.28 no.2
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    • pp.143-174
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    • 2024
  • This paper empirically examines the relationship between outward foreign direct investment (OFDI) of Korean manufacturing firms and the servicification of domestic employment using a firm-level panel data. In this study, considering the issue of low productivity in the Korean service sector, we categorize service employment into core and non-core services and investigate their relationship with OFDI using the firm-fixed effects model. The empirical results show that the share of core service employment exhibits a positive correlation with the extensive OFDI. On the other hand, the share of non-core service employment, which is expected to generate relatively low value-added, does not show a significant relationship with the extensive OFDI. When we divide the samples based on host countries and the type of subsidiaries, the impact on servicification varies depending on the technological capabilities of host countries and their participation in global value chains. Our study suggests that Korean manufacturing firm's internationalization strategies may facilitate a transition from labor-intensive employment, like the cases in advanced countries, to technology-intensive employment through OFDI and other means.

Mitigating the Shocks: Exploring the Role of Economic Structure in the Regional Employment Resilience

  • Kiseok Song;Ilwon Seo
    • Asian Journal of Innovation and Policy
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    • v.12 no.3
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    • pp.323-344
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    • 2023
  • This study investigates the resilient structural characteristics of a region by assessing the impact of the financial crisis. Utilizing panel data at the prefecture level for metropolitan cities across pre-shock (2006-2008), shock (2009), and post-shock (2010-2019) periods, we calculated an employment resilience index by combining the resistance and recovery indices. The panel logit regression measures the influences of the region's industrial structure and external economic factors in response to the global financial crisis. The results revealed that the diversity index of industries contributed to the post-shock recovery bounce-back. Additionally, the presence of large firms and industrial clusters within the region positively contributed to economic resilience. The specialization and the proportion of manufacturing industries showed negative effects, suggesting that regions overly reliant on manufacturing-centered specialization might be vulnerable to external shocks. Furthermore, excessive capital outflows for market expansion were found to have a detrimental impact on regional economic recovery.

The Difference of Health According to employment Status and Income Level of Wage-Earners (임금근로자의 고용형태와 소득수준에 따른 건강차이)

  • Woo, Hye-Kyung;Moon, Ok-Ryun;Park, Jong-Hyock
    • Health Policy and Management
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    • v.19 no.2
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    • pp.85-110
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    • 2009
  • The aim of this study was to examine whether health status is different according to employment status and income level in wage-earners. We analyzed wage-earners of 2199 men and 1194 women aged 30-64 years, using data from the 2006 Korean Labor and Income Panel Study(KLIPS). The difference of health status according to employment status and income level was compared with the multiple logistic regression and the standardized concentration index of ill-health. The risk of ill-health was high when waged-earners had low income. The same is true for poor employment status when their employment status was unstable as in manual laborers, irregular workers, temporary, daily workers or part-time workers. furthermore, the wage-earners with lower income and a relatively disadvantageous employment status showed the lowest health status compared to other groups. Ill-health was relatively more concentrated in lower income group and poor employment status. This study identified the existence of health inequality among various employment status of wage-earners. It is suggested that policies that deal with the inequality in social class may have an important impact on the health of the population.