• Title/Summary/Keyword: Employment of university graduates

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Comparison of Nursing Workforce Supply and Employment in South Korea and Other OECD Countries (OECD 국가의 간호인력 현황과 한국 간호인력의 특성 분석)

  • Hong, Kyung Jin;Cho, Sung-Hyun
    • Perspectives in Nursing Science
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    • v.14 no.2
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    • pp.55-63
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    • 2017
  • Purpose: This study aims to report on and compare the conditions of practicing nurses and nursing graduates in Korea and other OECD countries to suggest policy to improve nurse staffing in Korea. Methods: Data on nurses and nursing graduates from 34 OECD countries in 2015 (or the nearest year) were analyzed. The proportion of practicing nurses among nurses who were licensed to practice and nursing graduates per population and per the number of practicing nurses were examined. Results: The number of practicing nurses per 1,000 population in Korea was 5.9 and, in Korea, only 31.0% of licensed nurses were practicing, whereas the OECD average was 69.5%. Korea had the highest number of nursing graduates (109.0) per 100,000 population and the highest number of nursing graduates (183.5) per 1,000 practicing nurses in the OECD countries. Skill-mix analysis indicated that 52.2% of the practicing nurses in Korea were professional practicing nurses, which was the second-lowest among the OECD countries. The ratio of nurses' wages to those of physician specialists was 0.43 in the OECD countries. Conclusion: Nurse staffing and skill-mix in Korea were very low in comparison to other OECD countries. Policies for retention of nurses via improved working conditions are required.

The Impact of COVID-19 on Bangladesh's Economy: A Focus on Graduate Employability

  • SHAHRIAR, Mohammad Shibli;ISLAM, K.M. Anwarul;ZAYED, Nurul Mohammad;HASAN, K.B.M. Rajibul;RAISA, Tahsin Sharmila
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1395-1403
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    • 2021
  • The COVID-19 pandemic is having an adverse impact on Bangladesh's economy by affecting millions of people's life and hampering their income sources. The outbreak of COVID-19 has created more pressure on the labor market. The pandemic reduces employment opportunities as most of the companies have stopped their recruitment process to cut their operational costs, which increases the rate of graduate unemployment in Bangladesh. Hence, this study aims to investigate the impact of COVID-19 on graduate employability in Bangladesh that adversely affects the income of families and eventually the nation's economy. A literature review has been conducted from secondary sources to evaluate the impact, which shows that the rate of graduate unemployment increased from 47% to 58% in 2020 with an expected annual loss estimated at $53 million. Findings also reveal that the prime reasons for graduate employability are low demand and huge supply of graduates in the labor market, lack of professional skills of graduates, ineffective education system, etc. The study suggests that the government of Bangladesh should develop some policies to overcome this problem such as ensuring employment subsidies, implementing skills development programs, improving labor market flexibility, initiating credit programs for generating employment, and developing entrepreneurial ecosystems in Bangladesh.

Improvement strategy of market entry for construction engineer of young people (청년 건설기술인력의 일자리 창출방안에 관한 연구)

  • Park, Hwan-Pyo;Han, Jae-Goo;Kim, Young-Hyun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.11a
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    • pp.74-75
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    • 2015
  • Recently domestic youth unemployment rate has increased continuously. The cause is due to construction recession. As a result, the youth unemployment rate was approximately 8.0% in 2013. In particular, graduates of civil engineers and architecture engineers are difficult to find a new job. Major construction companies also prefer new employees rather than career employees. Therefore, the employment rate of construction-related university graduates is continuing decline. Accordingly, construction and technical engineers will be aging. Therefore, this study was looking for ways to promote the overseas expansion of young construction engineers. And this research has suggested the ways which young engineers can find a new job through improving the system.

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The wage determinants of college graduates using Heckman's sample selection model (Heckman의 표본선택모형을 이용한 대졸자의 임금결정요인 분석)

  • Cho, Jangsik
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.5
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    • pp.1099-1107
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    • 2017
  • In this study, we analyzed the determinants of wages of college graduates by using the data of "2014 Graduates Occupational Mobility Survey" conducted by Korea Employment Information Service. In general, wages contain two complex pieces of information about whether an individual is employed and the size of the wage. However, in many previous researches on wage determinants, sample selection bias tends to be generated by performing linear regression analysis using only information on wage size. We used the Heckman sample selection models for analysis to overcome this problem. The main results are summarized as follows. First, the validity of the Heckman's sample selection model is statistically significant. Male is significantly higher in both job probability and wage than female. As age increases and parents' income increases, both the probability of employment and the size of wages are higher. Finally, as the university satisfaction increases and the number of certifications acquired increased, both the probability of employment and the wage tends to increase.

An Analysis of the Determinants of Employment and Wage of New College Graduates (신규대졸자의 취업 및 임금수준 결정요인 분석)

  • Chai, Goo-Mook
    • Korean Journal of Social Welfare
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    • v.59 no.4
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    • pp.35-61
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    • 2007
  • This study examines the determinants of employment and wage of new college graduates by using Youth Panel Data(2003-2005) of the Work Information Center, and seeks assignments for mitigating unemployment and wage disparities of new college graduates. Results are summarized as follows. First, an analysis of the determinants of employment shows that the Kyunggi Inchon district in school locations, higher school records, and qualification certificates positively affect the employment rate, while the private college group in the non-capital area negatively affects the employment rate. Second, an analysis of determinants of standard employment demonstrates that the Kyunggi Inchon district in school locations, higher school records, qualification certificates, and the major group of medical science, pharmacy, nursing science and health science, and the major group of education positively affect the employment rate, while the private college group in the non-capital area, the junior college groups in the capital and non-capital areas negatively affect the employment rate. Third, an analysis of determinants of nonstandard employment shows that the junior college graduation in scholarly attainments, the junior college groups in the capital and non-capital areas positively affect the employment rate, while the private college group in the non-capital area negatively affects the employment rate. Fourth, an analysis of the determinants of wages demonstrates that male in sex, the older in ages, the major group of medical science, pharmacy, nursing science and health science, and the major group of education positively affect the wages, while nonstandard employment, Kyunggi Inchon and Cholla districts in school locations negatively affect the wages. These results suggest several implications. First, college education should be reformed to cultivate professional manpower who are required by industries. Second, alternative measures to mitigate sex discrimination in labor markets should be prepared. Third, the process of attaining qualification certificates should be reformed in order that it is actually connected to the abilities of work performances and the improvement of productivity. Fourth, a locally balanced development must be realized through the decentralization of industries. Fifth a systematic and comprehensive program need to be prepared to promote the employment of new college graduates.

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The Differentiating Effects of Job Seekers' Spec on Actual Employment: Focusing on Screening Hypothesis and Dual Labor Market Theory (구직자의 취업스펙이 실제취업에 미치는 영향에 대한 탐색적 연구: 선별이론 및 이중노동시장이론을 중심으로)

  • Jisung Park;Chiho Ok
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.11-24
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    • 2022
  • Purpose - The purpose of this study was to examine how job seekers' spec influence their actual employment especially focusing on the differentiating effects of applicants' specs depending on whether general or decent job employment. Design/methodology/approach - This study conducted analyses on 54,443 samples that incorporated data from the Graduates Occupational Mobility Survey for three years (2017-2019) collected by the Korea Employment Information Service. The linear probability model and logit model were used to examine the research questions. Findings - The results analyzed with the hierarchical regression model showed that most job seekers' specs were statistically significant in predicting employment status. Interestingly, there is a difference between the factors predicting employment for a general job and a decent job. This study suggests academic and practical implications for future research in the selection/ recruitment field by clarifying the critical factors to influence applicants' employment. Research implications or Originality The results of this study follow the screening hypothesis which explains that the applicants' specs have significant impacts on actual employment. Also, the dual labor market theory, which explains that applicants' specs differently affect actual employment between general and decent jobs, was reaffirmed.

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.

The Influence of Subjective Cognition about Determinant Factors in Employment on Job Satisfaction (취업결정요인의 주관적 인지가 직무만족에 미치는 영향)

  • Jo, Yun-Seo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.5
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    • pp.2168-2177
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    • 2013
  • In order to analyze the influence of subjective cognition about determinant factors in employment on job satisfaction, this study utilized The Graduates Occupational Mobility Survey(GOMS) 2010 Year and the subjects of this survey were 4,051 people who graduated from university. The results of this study were follows: First, subjective cognition about determinant factors in employment and job satisfaction were showed significant difference by gender, type of school, school location, major fields. Second, school in region, education major, the academic factor, the certification & major field factor, the personality & human connection factor were found to have positive(+) influence on the intrinsic satisfaction. Third, 2~3years college, school in region, social major, education major, technology major, natural major, medical major, academic factor, the certification & major field factor, the personality & human connection factor were found to have positive(+) influence on the extrinsic satisfaction. This study provides detailed analysis on subjective cognition about determinant factors in employment, offering new verification of work job satisfaction.

A Study on the Development of a Fashion CS Course (패션 CS(Costumer Service) 교과목 개발에 관한 연구)

  • Kim, Eun-Kyung;Lee, Yu-Kyung;Jeong, Hwa-Yeon;Han, Cha-Young;Hwang, Seon-A
    • Journal of the Korea Fashion and Costume Design Association
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    • v.12 no.2
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    • pp.139-151
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    • 2010
  • As an effort to improve the employment of graduates from fashion.related departments, this study purposed to develop a course that may contribute to a broader range of employment, focusing on CS, which has been overlooked by fashion.related departments, among various job categories in the fashion industry. In order to determine the necessity of the new course, we surveyed job categories that enrolled students wanted to have after graduation and graduates'opinions on and responses to the opening of the new course. In addition, for the efficient design of the course, this study extracted the practically applicable goals and contents of the course from basic theories in previous CS .related studies in the area of fashion studies and from interviews with field workers in related businesses. Through these multi.sided approaches, this study proposed a fashion CS course as a major applied subject with an hours' theory and two hours' practice classes, and suggested a weekly teaching plan of 15 weeks. This study is meaningful in that it expanded the scope and variety of employment for students of fashion.related departments, and developed a course that can be immediately applicable to any CS.related jobs. The results of this study are expected to expand work areas for graduates from fashion.related departments in the fashion industry.

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A Study on the Effect of Youth University Graduates' Workplace Satisfaction on Preparation for Turnover (대졸 청년층의 직장만족이 이직준비 여부에 미치는 영향)

  • Park, Jin-Ah
    • Industry Promotion Research
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    • v.1 no.1
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    • pp.35-40
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    • 2016
  • This study verified the effect of youth university graduates' workplace satisfaction on preparation for turnover by analyzing panal data. The study results showed that satisfaction of general workplace, possibility of personal development, autonomy/authority, monthly wage(p<.001), working environment, office hours, usefulness of major(p<.01), personnel system, employment stability, welfare benefits(p<.05) affected preparation for turnover. Also, sex, marital status, type and location of university, major, status of workers affected preparation for turnover. This study provided implication for reducing turnover and enhancing workplace settlement by confirming the effect of youth university graduates' workplace satisfaction on preparation for turnover.