OECD Reviews on Local Job Creation

English
ISSN: 
2311-2336 (online)
ISSN: 
2311-2328 (print)
http://dx.doi.org/10.1787/23112336
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With the rising economic importance of human resources and skills, employment and training agencies are now often expected to play a more important role in local strategies to support new job creation, facilitate restructuring and increase productivity. The OECD Local Economic and Employment Development (LEED) Programme has developed a series of Reviews on Local Job Creation to examine the contribution of local labour market policy to boosting quality employment and enhancing productivity.

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Employment and Skills Strategies in Korea

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English
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Author(s):
OECD
15 Oct 2014
Pages:
84
ISBN:
9789264216563 (PDF) ;9789264216556(print)
http://dx.doi.org/10.1787/9789264216563-en

Hide / Show Abstract

With the rising economic importance of human resources and skills, employment and training agencies are now often expected to play a more important role in local strategies to support new creation, facilitate restructuring and increase productivity. The OECD Local Economic and Employment Development (LEED) Programme has developed an international cross-comparative study examining the contribution of local labour market policy to boosting quality employment and enhancing productivity. In Korea, the review has looked at the range of institutions and bodies involved in employment and skills policies, focusing on local strategies in the Bucheon and Busan regions.

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  • Preface

    Across the OECD, policy makers are grappling with a critical question: how to create jobs? The recent financial crisis and economic downturn has had serious consequences across most OECD countries, with rising unemployment rates and jobs being lost across many sectors. Indeed, for some countries, the effects the downturn brought with it are continuing, if not amplifying. Shrinking public budgets in some countries also mean that policy makers must now do more with less. In this context, it is necessary to think laterally about how actions in one area, such as employment and training, can have simultaneous benefits in others, such as creating new jobs and better supporting labour market inclusion.

  • Acronyms and abbreviations
  • Executive summary

    The OECD Local Economic and Employment Development (LEED) Programme has developed the Local Job Creation reviews as an international cross-comparative study examining the contribution of local labour market policy to boosting quality employment and productivity. In Korea, the review has looked at the range of institutions and bodies involved in employment and skills policies. In-depth work was undertaken in two case study areas: Bucheon and Busan.

  • Reader's guide

    The Local Job Creation project involves a series of country reviews in Australia, Belgium (Flanders), Canada (Ontario and Quebec), Czech Republic, France, Ireland, Israel, Italy (Autonomous Province of Trento), Korea, Sweden, the United Kingdom and the United States (California and Michigan). The key stages of each review are summarised in Box 1.

  • Policy context for employment and skills in Korea

    This chapter provides an overview of Korea’s employment and skills system and outlines the economic environment in which they have developed in the period following the Asian Financial Crisis of the late-1990s. The impact of the Asian Financial Crisis was an important factor in the economic and labour market policy framework that subsequently emerged. In particular, the shift towards greater decentralisation and the engagement of a wide-range of local actors that has occurred, such as through the Local Employment Council and the Local Association of the Representatives of Labor, Management, Government and the Community, provides an opportunity to ensure that labour market policy can more effectively address the challenges and opportunities that exist within a locality or region.

  • Overview of the Korean case study areas

    To better understand the role of the local level in contributing to job creation and productivity, this review examined local activities in two areas in Korea: 1) Bucheon; and 2) Busan. Both areas face unique employment and labour market challenges, which affect their growth and competitiveness. This chapter provides a labour market and economic overview of each region as well as the results from an OECD LEED statistical tool which looks at the relationship between skills supply and demand at the sub-national level.

  • Local job creation dashboard findings in Korea

    This chapter highlights findings from the local job creation dashboard in Korea. The findings are discussed through the four thematic areas of the review: 1) better aligning policies and programmes to local employment development; 2) adding value through skills; 3) targeting policy to local employment sectors and investing in quality jobs; and 4) inclusion.

  • Towards an action plan for jobs in Korea: Recommendations and best practices

    Stimulating job creation at the local level requires integrated actions across employment, training, and economic development portfolios. Co-ordinated place-based policies can help workers find suitable jobs, while also contributing to shaping the demand, thereby stimulating job creation and productivity. This requires flexible policy management frameworks, information, and integrated partnerships which leverage the efforts of employment, training, and economic development stakeholders. This chapter outlines the key recommendations emerging from the review of local job creation policies in Korea.

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