OECD Home › Employment › By Country › Korea
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The OECD Employment Outlook 2009 indicates that Korea’s unemployment rate may have peaked in June at 4.0%, since the July rate was slightly lower at 3.8%. The June rate represented a 1 percentage-point increase from its most recent trough in September 2008.
The development of tailored recommendations to promote and enhance the contribution of the social economy in fostering social inclusion is the aim of the project and guidance is being provided to national, regional and local actors on how to improve social inclusion capacity effectively.
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.
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This book contains recommendations for national and local policy makers and presents a set of international best practices for social enterprises.
Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth.
The age of retirement of employees should be raised by eliminating mandatory retirement and phasing out the retirement allowance. Active labour market policies should focus on policies to expand human capital rather than wage subsidies.
This report provides valuable insights into how labour policies can be expanded to meet economic development and social cohesion goals, while also reconciling national and local concerns...
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Addressing Labour Market Duality in Korea Labour market duality grew with "non-regular" work. Social concern led to the Act on the Protection of Fixed term and Part time Employees.
To help countries improve school-to-work transitions, OECD has launched a new project on Jobs for Youth.