• Title/Summary/Keyword: Job finding rate

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A New Estimate for the Natural Rate of Unemployment based on Job Finding and Separation Rates (구직률과 이직률을 활용한 자연실업률의 추정)

  • Kwon, Kyu Baek;Kim, Hyung Seok;Lee, Yoonsoo
    • Journal of Labour Economics
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    • v.38 no.2
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    • pp.1-24
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    • 2015
  • We estimate the natural rate of Unemployment in Korea, using job finding and separation rates. The estimation results suggest that both job finding and separation rates of Korea have increased after the 1997 Asian Financial Crisis. However, we don't find evidence of significant increase in the trend of the natural rate of unemployment. Overall our finding suggests that both job creation and destruction have increased.

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The Heterogeneity of Job Creation and Destruction in Transition and Non-transition Developing Countries: The Effects of Firm Size, Age and Ownership

  • Ochieng, Haggai Kennedy;Park, Bokyeong
    • East Asian Economic Review
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    • v.21 no.4
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    • pp.385-432
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    • 2017
  • This paper investigates how firm age, size and ownership are related with job creation and destruction, and how these patterns differ across transition and non-transition economies. The analysis finds that age is inversely related with gross job creation and net job creation in the two samples. This finding is consistent with the theory of the learning effect. The relationship between age and job destruction is indifferent in non-transition economies. On the contrary, old firms in transition economies destroy more jobs than young ones. The paper further establishes an inverse relationship between size and gross job creation in the two groups. However, there is divergence between the two samples; small firms in non-transition economies also exhibit a higher gross job destruction rate. Consequently large firms have a higher net job creation rate. In transition economies, small and large firms exhibit similar rates of job destruction. But small firms retain a higher net job creation rate. A more intriguing finding is that state owned firms do not underperform domestic private ones. This means these countries may be using soft budget constraint which allows state owned firms to overstaff. Finally, crowding out of SMEs by foreign owned firms is not evident in transition economies.

The Effect of the Extended Benefit Duration on the Aggregate Labor Market (실업급여 지급기간 변화의 효과 분석)

  • Moon, Weh-Sol
    • KDI Journal of Economic Policy
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    • v.32 no.1
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    • pp.131-169
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    • 2010
  • I develop a matching model in which risk-averse workers face borrowing constraints and make a labor force participation decision as well as a job search decision. A sharp distinction between unemployment and out of the labor force is made: those who look for work for a certain period but find no job are classified as the unemployed and those who do not look for work are classified as those out of the labor force. In the model, the job search decision consists of two steps. First, each individual who is not working obtains information about employment opportunities. Second, each individual who decides to search has to take costly actions to find a job. Since individuals differ with respect to asset holdings, they have different reservation job-finding probabilities at which an individual is indifferent between searching and not searching. Individuals, who have large asset holdings and thereby are less likely to participate in the labor market, have high reservation job-finding probability, and they are less likely to search if they have less quality of information. In other words, if individuals with large asset holdings search for job, they must have very high quality of information and face very high actual job-finding probability. On the other hand, individuals with small asset holdings have low reservation job-finding probability and they are likely to search for less quality of information. They face very low actual job-finding probability and seem to remain unemployed for a long time. Therefore, differences in the quality of information explain heterogeneous job search decisions among individuals as well as higher job finding probability for those who reenter the labor market than for those who remain in the labor force. The effect of the extended maximum duration of unemployment insurance benefits on the aggregate labor market and the labor market flows is investigated. The benchmark benefit duration is set to three months. As maximum benefit duration is extended up to six months, the employment-population ratio decreases while the unemployment rate increases because individuals who are eligible for benefits have strong incentives to remain unemployed and decide to search even if they obtain less quality of information, which leads to low job-finding probability and then high unemployment rate. Then, the vacancy-unemployment ratio decreases and, in turn, the job-finding probability for both the unemployed and those out of the labor force decrease. Finally, the outflow from nonparticipation decreases with benefit duration because the equilibrium job-finding probability decreases. As the job-finding probability decreases, those who are out of the labor force are less likely to search for the same quality of information. I also consider the matching model with two states of employment and unemployment. Compared to the results of the two-state model, the simulated effects of changes in benefit duration on the aggregate labor market and the labor market flows are quite large and significant.

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Exploration on the Youth Employee's Labor Mobility (청년층의 입직 및 이직 실태와 해소방안 탐색)

  • Lee, Sukyeol;Park, Cheolwoo;Lee, Mira
    • Journal of Engineering Education Research
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    • v.17 no.6
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    • pp.30-45
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    • 2014
  • Using the data of Economically Active Population Survey and GOMS, we analyze youth employee's labor mobility. We found the causes of the youth employee's labor mobility as follows: work environment, salary, enterprise's vision, job satisfaction, job mismatching, organizational culture, mismatching of work and housing and so on. On the basis of results, we proposed a step by step solutions. The resulting policy implication is that rather than raising job finding rate of the unemployed youths, we need to focus more on reducing job mismatching.

Patient-Centredness, Job Satisfaction and Psychological Distress: a Brief Survey Comparing Oncology Nurses and Doctors

  • Chan, Caryn Mei Hsien;Ahmad, Wan Azman Wan;Yusof, Mastura MD;Ho, Gwo Fuang;Krupat, Edward
    • Asian Pacific Journal of Cancer Prevention
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    • v.16 no.16
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    • pp.6895-6898
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    • 2015
  • Background: We aimed to explore whether levels of patient-centredness, job satisfaction and psychological distress varied between oncology nurses and doctors. Materials and Methods: In a cross-sectional study using self-administered questionnaires, a total of 24 nurses and 43 doctors were assessed for patient-centredness, psychological distress, and job satisfaction using the Patient-Practitioner Orientation Scale, Hospital Anxiety and Depression Scale, and Job Satisfaction Scale. Data were analysed using descriptive statistics, independent samples t-test and MANCOVA, with p<0.05 considered significant. Results: Overall response rate was 95.6% (43/45) for physicians and 85.7% (24/28) for nurses. Even after adjusting for known covariates, our principal finding was that doctors reported greater psychological distress compared to nurses (p=0.009). Doctors also reported lower job satisfaction compared to nurses (p = 0.017), despite higher levels of patient-centredness found in nurses (p=0.001). Findings may be explained in part by differences in job characteristics and demands. Conclusions: Mental health is an important concern not just in cancer patients but among healthcare professionals in oncology.

The Impact of Organizational and Individual Characteristics on Outcome Variables (병원간호조직의 특성과 개인의 특성이 결과변수에 미치는 영향)

  • Lee, Sang-Mi
    • Journal of Korean Academy of Nursing Administration
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    • v.13 no.2
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    • pp.156-166
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    • 2007
  • Purpose: The purpose of the present study was to examine the causal relationships among hospital nursing organizational characteristics (organizational climate, workload), individual characteristics (experience, education) and outcome variables (job satisfaction, job stress, task performance) by constructing and testing a conceptual framework. Method: Five large general hospitals located in Seoul were selected to participated. The total sample of 245 registered nurses represents a response rate of 94 percent. Data for this study was collected from January to February in 2006 by questionnaire. Path analyses with LISREL program were used to test the fit of the proposed model to the data and to examine the causal relationships among variables. Result: Both the proposed model and the modified model fit the data excellently. The model revealed relatively high explanatory power of work stress (40%), job satisfaction (46%) and task performance (27%) by predicted variables. In predicting work stress, job satisfaction and task performance, the finding of this study clearly demonstrate organizational climate might be the most important variable. Conclusion: Based on the findings of the study, it was suggested that desirable organizational climate was needed to increase the nurses' mental and physical health as well as qualified task performance.

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Estimating the Determinants for employment number by areas : A Panel Data Model Approach (패널 데이터모형을 이용한 지역별 취업자 수 결정요인 추정에 관한 연구)

  • Yi, Hyun Joo;Kim, Hee Cheul
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.4
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    • pp.297-305
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    • 2010
  • Employment number by areas is composed of various factors for groups and time series. In this paper, we use the panel data for finding various variables and using this, we analyzed the factors that is major influence to employment number by areas. For analysis we looked at employment number by areas, the region for analysis consist of seven groups, that is, the metropolitan city(such as Busan, Daegu, Incheon, Gwangiu, Daejeon, Ulsan.) and Seoul. Analyzing period be formed over a 63 time points(2005.01.- 2010.03). We examined the data in relation to the employment number by occupational job, unemployment rate, monthly household income, preceding business composite index, consumer price index, composite stock price index. In looking at the factors which determine employment number by areas job, evidence was produced supporting the hypothesis that there is a significant negative relationship between unemployment rate and monthly household income the consumer price index. The consumer price index and composite stock price index are significant positive relationship, preceding business composite index is positive relationship, it are not significant variables in terms of employment number by areas job.

The study on Perceptual Difference on Web Service Quality Factors of Job Information Site (between Korea and China) (국가 간 취업정보 사이트 품질요인에 대한 인식도 차이에 대한 연구 (한국, 중국대상))

  • Wang, Guangying;Park, Sungsik;Lee, Seogjun
    • Journal of Information Technology and Architecture
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    • v.11 no.3
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    • pp.285-310
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    • 2014
  • Based on the network, recruitment, education services, talent testing and human resources management etc. integrated services are expanded, and efforting to raise the market share of job information site. Job information site is an alternative finding job and recruiting environment, helping job seekers to conduct self-directed researching and applying for a job online. Directly or indirectly influential factors upon value of job information site are on the rise. Not only Korea but also China has already recognized the importance of these influential factors on job information site. However, the effective rate of implementing job information site is relatively lower among Chinese job market than Korea. This study suggests that there are differences of cultural background between Korea and China, and they were at different internet infrastructure, such differences impact on different job seekers.

A Study of Physical Responses for Work Loads (작업부하에 따른 생리적 반응들에 관한 연구)

  • 김재현;김홍기
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.25 no.1
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    • pp.9-13
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    • 2002
  • The objective of this study was to analyze and make comparison between the physical responses such as oxygen consumption rate, heart rate, and EMG-measurement for lifting tasks. Lifting activities with three different working frequencies(5, 8, 11 lifts/min) and two different weights(10, 20kg) for a lifting range(from floor to 76cm height) were studied. It was found that theme are positive correlations between the oxygen consumption rate and the EMG-measurements on the region of law back. Even though these physical responses were influenced by work weights and work frequency, it was found that the work frequency plays more important role in making muscle fatigue than the work weight. From these finding it is suggested that the work frequency should be considered as a more influencing factor than the work weight as long as the weight belongs to the permissible range based on the viewpoint of the biomechanical criterion for designing a job of manual materials handling tasks.

A Preliminary Exploration Study on the Survey Analysis about the Senior year students for the the Improvement of the Employment Rate (취업률 향상을 위한 졸업 학년 취업 대상 인원에 대한 탐색 연구)

  • Chang, Eun-Young
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.4 no.2
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    • pp.122-128
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    • 2012
  • In this study, through the development of the Survey questions for employments to increase employment rates which has 2 items in 23 questions and the analysis of the questionnaire based on the response results of 289 senior students who are finding their jobs. It has the effect that providing basic data about employment preparatory stance and giving counseling, discussions and future directions. So there are carefully proposed desirable increasement plans of employment rates by considering the regional characteristics and reality.

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