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고용률 제고를 위한 재정지원 일자리사업 방향의 모색(Study on the direction of government-funded job program in Korea)

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Title 고용률 제고를 위한 재정지원 일자리사업 방향의 모색(Study on the direction of government-funded job program in Korea)
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Material Type Reports
Author(Korean)

김용성

Publisher

서울:한국개발연구원

Date 2013-12
Series Title; No 정책연구시리즈 / 2013-19
Pages 55
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Social Development < Employment
Holding 한국개발연구원

Abstract

This study overviews the current government-funded job program policies in Korea, and investigates the impacts the various policies might have on the employment rate and the unemployment rate. One of distinctive features in the Korean labor market policy is its heavy reliance on direct job creation programs whereas other types of programs such as public employment services and vocational training are quite negligible. Analysis using the OECD cross-country data shows that direction job creation programs are the least effective policy measures both in short run and in long run. In contrast, programs such as public employment services and job training turn out to be helpful in improving labor market performances. These findings suggest that the government should reconsider the excessive allocation of resources to direction job creation programs by directing more to public employment services and job training programs. At the same time, family friendly labor practices such as part time jobs and child care services could greatly improve Korea’s disappointing female labor market participation.