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  • 标题:The Labour Market in Korea
  • 本地全文:下载
  • 作者:Randall S. Jones
  • 期刊名称:Economics Department Working Papers / OECD
  • 印刷版ISSN:0259-4633
  • 出版年度:2005
  • 卷号:2005
  • DOI:10.1787/548701741108
  • 出版社:Organisation for Economic Co-operation and Development (OECD)
  • 摘要:This paper analyses the increasing dualism in the Korean labour market and the need to encourage greater labour force participation. Although the rising proportion of non-regular workers lowers labour costs and increases employment flexibility, it has a negative impact on both equity and efficiency over the long term. Relaxing employment protection for regular workers and increasing the coverage of the social safety net for non-regular workers would help limit the extent of dualism. Population ageing is projected to be exceptionally rapid in Korea, leading to a significant decline in the workforce by mid-century. Steps to boost the participation of women through family-friendly policies are a priority. It is also important to encourage employees to stay at firms beyond the age of 50. Making the wage system more dependent on productivity and less on seniority and implementing a company pension system in place of the retirement allowance would help maintain the employment of older persons. This Working Paper relates to the 2005 OECD Economic Survey of Korea (www.oecd.org/eco/surveys/korea).
  • 关键词:corporate pensions; unemployment insurance; old workers; female employment; labour markets; employment protection; wage subsidies; labour force participation rates; dualism; non-regular workers; industrial relations; Tripartite Commission; Korea
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