Policies to increase youth employment in Korea

نویسندگان

چکیده

Korea’s low youth employment rate has negative consequences for the young people concerned and economy as a whole. Raising is priority, particularly Korea faces most rapid population ageing among OECD countries. Low due to mismatch between education labour market, reflecting large skill gap highly-educated who race credentials secure attractive careers older workers retiring from jobs that require less human capital. The share of university graduates Koreans highest in OECD, but their relatively even small firms confront serious shortages. Dualism market (between regular non-regular workers) product firms) encourages queue public sector avoid low-wage precarious jobs. requires breaking down dualism while reforming system. Vocational secondary schools, which shrunk becoming another route tertiary education, should be improved make it direct path employment. Expanding approach Meister schools work-learning dual programme would help regard. Tertiary become more flexible responsive demands employers. Active policies focus on job creation placement training.

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ژورنال

عنوان ژورنال: OECD Economics Department working papers

سال: 2022

ISSN: ['1815-1973']

DOI: https://doi.org/10.1787/fe10936d-en