• Title/Summary/Keyword: Youth employment

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Estimating the Structure of the Short and the Long Run Variations in the Domestic Youth Unemployment (국내 청년실업의 단.장기 변동구조 추정)

  • Kim, Tae-Ho
    • The Korean Journal of Applied Statistics
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    • v.21 no.2
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    • pp.201-210
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    • 2008
  • The government employment statistics show the close comovement of the whole domestic unemployment rate with the youth unemployment rate for the past 10 years, implying the dominant influence of the unemployment of the youth age. This study investigates the structure of the short-run variation and the process of the long-run adjustment in the unemployment rates of the youth and middle ages by formulating the dynamic equation system. The estimation result consistently reflects the vulnerability of the youth class in the aggravation of the employment condition. The effect of exogenous changes is found to be persistent in the unemployment rates of both ages, which appear to have similar structures of the long-run time path. However, the youth unemployment rate turns out to have a relatively long adjustment process to the long-run equilibrium.

Study on Entering Self-Employment of Young Workers (청년층의 자영업 진입에 관한 연구)

  • Shin, Jaeyoul;Kim, Jongsung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.1
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    • pp.247-257
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    • 2020
  • In recent years, the proportion of youth's self-employed is steadily increasing, and government policy also actively encourages youth to become an entrepreneur. However, most of the domestic precedent studies on the self-employed labor market focus on the middle-aged and the elderly, and previous studies on the self-employed labor market of young people are hardly ever studied. Above all, the study that examines the factors of entry into self-employment of young people is not sufficient and researchers usually utilize the study about for all ages to explain the self-employment market of young people. However, because the young and middle-aged people differ in labor market conditions, family backgrounds, and the level of accumulation of human capital, separate explanations and theories are needed. Therefore, this study explored the factors of entry into self-employment by separating the age group from 15~29 years old. The data used in the analysis was the 9th to 20th data of the Korea Labor Panel Survey. The youth unemployment rate and employment rate were referred to the Economically Active Population Survey of Statistics Korea. The analysis subject was limited to young people who are currently performing economic activities, and the analysis method used multi-level logit model. The main results are summarized as follows. First, the lower the unemployment rate and the higher the employment rate, the younger people tend to enter their own businesses on the structural level. Second on the individual level, young people who possess enough financial capital or pursuit personal aptitude or interest tend to enter self-employment. However, there are no statistical effects of human capital and entrepreneur capital.

A Study on the Influence of Personal Characteristics of Youth Employment on the Preparation for Turnover: Focused on the adjustment effect of experience in failing to get jobs

  • KIM, Jong-Jin;UM, Kyung-Ho
    • The Journal of Industrial Distribution & Business
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    • v.11 no.7
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    • pp.19-28
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    • 2020
  • Purpose: In this study, we would like to confirm that the transfer of young workers may be a means of enhancing their internal satisfaction, not to get a better job, by setting work-related characteristics that are highly relevant to job-related factors. Research design, data, and methodology: In this study, preparation for turnover was set as dependent variables to identify factors related to the turnover of young people, and the type of business, employment type, debt status, job satisfaction, job difficulty compared to education level, job difficulty, job degree, job major agreement, debt status, and other demographic social characteristics were selected as independent variables. Results: The characteristics related to personal criteria in job-seeking process were significant in the form of business, employment type, job satisfaction, work difficulty compared to the level of education, work difficulty compared to the level of technology, job major matching, and debt status. Conclusions: This study confirmed that young people's turnover may not simply be a means to get a better job, but to increase satisfaction in the internal aspects of their jobs, and that for young people, a job is an important development process that represents their identity and needs to be approached from a life-cycle perspective.

Policy Priorities for Promoting Youth Activities with Importance-Performance Analysis (IPA) - Case of Hongseong County - (중요도-만족도 분석(IPA)을 통한 청년활동 정책방안 연구 - 충청남도 홍성군 사례 -)

  • An, Joong-Won;Park, Duk-Byeong
    • Journal of Agricultural Extension & Community Development
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    • v.28 no.1
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    • pp.53-68
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    • 2021
  • This study aimis to identify policy priorities for promoting youth activities through the Importance-Performance Analysis (IPA). IPA is used to identify policy priorities for promoting local youth activities. The IPA tabulated result is presented in a two-dimensional grid to showing for promoting local youth activities, The require concentrate support part is divided into 3 parts. Problem solve supporting at work development of leisure activities programs, leisure activities programs developing and development of leisure-related professionals. And leisure-related professionals developing. The next parts that require continuous management were divided into four parts. The next parts that require continuous management is divided into four parts. Creating rental housing for young people, support for housing expenses supporting, loans supporting, and Holiday guaranteed. Based on the factors that support youth activities that make up the IPA matrix, the implications of revitalizing local youth activities is presented as below. First, ensuring employment of local youth and efforts to create sustainable jobs. Second, continuous efforts to improve the housing conditions of local youth, and third, policy support is needed for local youth to do various leisure activities.

An Analysis of the Factors of Youth Unemployment and Nonparticipation in Korea (청년층 미취업의 실태 및 원인 분석)

  • Kim, Ahnkook
    • Journal of Labour Economics
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    • v.26 no.1
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    • pp.23-52
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    • 2003
  • This study focus on unemployment and nonparticipation of youth. By dividing youth nonparticipants into 'house work and child care', 'studying and training', 'the others' categories, we estimate the potential wages with selectivity bias model and analyse the factors of choosing unemployment or nonparticipation with multinomial logit model. The differences between the potential market wage and the desired wage of the groups of 'studying and training', 'the others' in the nonparticipants are greater than those of the unemployment group. In the case of the man and lower age, and low schooling the differences of potential and desire wage are larger than woman and higher age, and high schooling. In the choice of unemployment and nonparticipation, man and higher age, and householder, and holder of qualification are not likely to opt nonparticipation. The experience of job lower the rate of probability to choose employment, but raise the rate of probability to choose unemployment and nonparticipation. These results mean that the quality of youth employment is very inferior.

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Determining Unemployment Factors Among Job Seeking Youth in the East Coast of Peninsular Malaysia

  • SHAKUR, Elia Syarafina Abdul;SA'AT, Nor Hayati;AZIZ, Nazli;ABDULLAH, Siti Salina;RASID, Nor Hafzan Abd
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.565-576
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    • 2020
  • This study examines factors of unemployment and career path challenges commonly faced by youth in the East Coast of Peninsular Malaysia. The study employed a quantitative approach which involved a total of 1,083 youths in Kelantan, Pahang and Terengganu selected at random. Descriptive and multiple regression analysis (OLS) methods were used to analyze demographic distribution of youth in determining factors influencing unemployment among them. The results reveal that the majority of youth respondents in the East Coast states of Malaysia are still unemployed and actively seeking employment. Demographic profiles are based on the survey results, youths seeking employment with 36 per cent distribution in Kelantan, 34 per cent in Pahang, and 30 per cent in Terengganu. Majority of the respondents were youths aged 20 to 24 years with a 40.9 percent percentage. The findings show that there are differences in factors affecting youth unemployment in the three states of East Coast, Malaysia. For Kelantan (age, experience, work mobility, marital status), Pahang (experience, marital status) and Terengganu (experience, gender, marital status, training). This study suggests that youths should be wise in preparing for their career by choosing the right career as well as doing side jobs to gain experience before they pursue for a real job.

Factors Associated with Preparation for Turnover in Youth Employees: a Pooled Analysis of Data from the Youth Panel 2007-2013 (청년 취업자의 이직 준비 관련 요인: 청년패널 2007-2013 자료 분석)

  • Kim, Kyoung-Beom;Lee, Ju hyun;Noh, Jin-Won;Kwon, Young Dae
    • The Journal of the Korea Contents Association
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    • v.16 no.12
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    • pp.480-491
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    • 2016
  • This study aims to determine the factors associated with preparation for turnover in youth employees, using a data from the Youth Panel 2007-2013. Study population were composed by 17,037 employees and a generalized estimating equations (GEE) using panel logit model was performed. It was identified that socioeconomic(age, sex, level of education, monthly income and type of employment) and work-related factors(perception of difficulties in performing tasks compared to level of education, perception on the Job-Major match, stabilization of employment, autonomy and empowerment of jobs, peer relationship in workplace) were statistically significant variables. Based on the analysis, dissatisfaction on working environment or condition might lead to employees prepare to turnover and it is a series of activities that to improve welfare and find a suitable job for oneself.

The Effect of Housing and Household Background of Young People on the Implementation of Youth NEET (청년층의 주거와 가구배경이 청년니트 이행에 미치는 영향)

  • Kwanghoon Hwang
    • Land and Housing Review
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    • v.14 no.3
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    • pp.1-15
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    • 2023
  • Using youth panel data, this study attempted to diagnose the effect of residential characteristics (housing type and housing type) and various household background variables on the implementation of youth NEET (Not in Employment, Education or Training), and to suggest appropriate policy directions. As a result of the analysis, it was found that young individuals residing in unfavorable living conditions such as those who rent on a monthly basis or live in multi-household, villa, or officetel settings, had a higher likelihood of transitioning to NEET. Those who received financial support from their parents were more likely to transition to NEET. Therefore, comprehensive youth NEET support policies such as customized housing and job policies according to the characteristics of NEET should be established. In particular, even though they have reached adulthood, it is shown that the likelihood of becoming NEET is very high for youth who live together with their parents without being economically independent or who receive financial assistance from their parents. In order to mitigate and prevent these young people from NEET transition, transitioning from school to the labor market should be facilitated with policy support.

A Study of Demand-Supply Chain Management to Promote the Youth Employment (청년취업 강화를 위한 수요-공급체인 관리방법 연구)

  • Song, Chang-Yong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.4
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    • pp.51-57
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    • 2006
  • Recently, youth unemployment is not a mere economic problem in Korea. It could be developed into a serious social problem. It has been long since youth unemployment rate was more than double in total unemployment rate, which stood at 3.5 percent in 2005 and then the inactivity among the younger job-seekers is appearing to be chronic. Hence, this paper examines the status and causes of the youth unemployment problem and studies the possibility to apply the Demand-Supply Chain Management to the problem.

Exploratory Study on the Effect of the Entrepreneurial Infrastructure Institution on the Regional Employment: Focusing on the Partner Square of N Company (창업 인프라 기관의 지역 고용효과에 관한 탐색적 연구: N사 파트너스퀘어를 중심으로)

  • Kim, Jong Sung;Shim, Jae Hun;Kim, Do Hyeon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.3
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    • pp.223-231
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    • 2020
  • Governments and private companies have established various local entrepreneurial infrastructure institutions in most regions in order to reduce youth unemployment, and boost youth entrepreneurship and regional employment. However, previous studies has been limited to explore the impact of the entrepreneurial infrastructure institutions on the willingness of start-up entrepreneurs. Thus, the main purpose of this study is to fill in the gaps of the research, identify the effect of the entrepreneurial infrastructure institutions on regional employment focusing on the Partner Squares which are entrepreneurial infrastructure institutions in several regions and established by N company, and set a foundation for further research regarding the effectiveness of the entrepreneurial infrastructure institutions. In order to verify the effectiveness of the Partner Squares on the local employment, we use the raw data of the Economically Active Population Survey (Statistics Korea) and analyze the effectiveness by using the Difference-in-Differences model. The main findings are as follows. While the Partner Square Seoul has not statistically influenced on the employment of local youth workers, the Partner Square Busan has increased about 3% of the average number of employees (575 thousand) from May 2017 to July 2019, increasing the number of local youth workers by 17,000. Also, after the establishment of the Partner Square Gwangju, the institution has increased 4,500 local employees, which is about 1.7% of the average number of employees (267,000) from September 2018 to July 2019. This implies that the Partner Squares provide a variety of effective start-up education programs and networks for pre-starters and founders in the region, thereby helping them to grow and boosting the local employment. An important implication is that by using government statistical data, we find roles of entrepreneurial infrastructure institutions to revitalize local economy and employment. In future studies, studies need to be conducted considering various exogenous variables that can affect local employment, such as the government industrial policies and entrepreneurial infrastructure institutions other than the Partner Squares.