Strategies for Reforming Korea’s Labor Market to Foster Growth
Electronic Access:
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Summary:
While the Korean unemployment rates are currently among the lowest in OECD countries, the labor market duality and the underemployment in some segments of the population are important labor market challenges, and factors contributing to lower potential growth. The paper shows the benefits of comprehensive policy reforms aimed at increasing labor force participation and youth employment and reducing duality are likely to be considerable in the medium term.
Series:
Working Paper No. 14/137
Subject:
Korea, Republic of Labor force participation Labor market reforms Labor markets Underemployment Women
English
Publication Date:
July 25, 2014
ISBN/ISSN:
9781498337151/1018-5941
Stock No:
WPIEA2014137
Format:
Paper
Pages:
20
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