콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Economic Administration
Social Development Employment

Print

2016 labour market reforms in Korea to promote inclusive growth

Related Document
Frame of Image
  • 2016 labour market reforms in Korea to promote inclusive growth
  • Jones, Randall S.; Fukawa, Kohei
  • Organisation for Economic Co-operation and Development


link
Title 2016 labour market reforms in Korea to promote inclusive growth
Similar Titles
Material Type Reports
Author(English)

Jones, Randall S.; Fukawa, Kohei

Publisher

[Paris, France]:Organisation for Economic Co-operation and Development

Date 2016-09
Series Title; No OECD economics department working papers / 1325
Pages 49
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Social Development < Employment
Holding OECD

Abstract

Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons. In addition to reducing income inequality and poverty, such reforms would also sustain economic growth as Korea’s working-age population begins to decline in 2017. Breaking down labour market duality is crucial to reduce the wide wage disparity. Better conditions for non-regular workers would in turn promote greater labour participation. Increasing the take-up of maternity and parental leave, expanding the availability of high-quality childcare, reducing working time, narrowing the large gender wage gap and eliminating discrimination would also increase opportunities for women. Boosting youth employment from its current low level requires addressing labour market mismatch by better aligning the skills learned in school with those demanded by employers. (The rest omitted)