Hiring Determinants of 4-year College Graduates in South Korea Job Markets : A Practical Intelligence Perspective

Author(s):  
Hyeong-Sik Won ◽  
Ju-Hyeok Jang ◽  
Saerom Lee ◽  
Hwan-Woo Lee
2021 ◽  
pp. 1-21
Author(s):  
Hyejin Kim

Abstract This paper studies the impact of immigration on native labor market outcomes in South Korea. We exploit the variation in immigration flows in an education-experience cell and find that, on average, immigration has no harmful effect on the wages or employment of native workers. However, there is a great heterogeneity of wage effects across education groups: high school dropouts suffer from the adverse effects, whereas the effects for college graduates are positive. We find the potential explanation for these differential effects in the suggestive evidence on the degree of substitution. Specifically, we examine the similarity of occupational distribution between natives and immigrants and assimilation patterns for immigrants.


2020 ◽  
Vol 688 (1) ◽  
pp. 115-136
Author(s):  
Jaesung Choi ◽  
Hannah Bae

The unemployment rate among youths (age 20–29) in South Korea has increased sharply from 6.6 percent in 2002 to 9.8 percent in 2016. At the same time, the college entrance rate remains around 70 percent, and skill mismatch among college goers is a critical policy concern. Little attention has been paid to temporal change in labor market outcomes among college graduates or to the kinds of graduates who are particularly vulnerable to labor market uncertainty. We investigate how labor market experiences for college graduates have changed over time using data from nine different graduating cohorts of the Graduate Occupational Mobility Survey (GOMS). The results reveal that the proportion of those searching for a job has increased over time, and that even for those who were employed, job quality deteriorated. We also find a growing gap in labor market outcomes by reputation of graduating universities and college major.


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