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Employment and Skills Strategies in Korea

image of Employment and Skills Strategies in Korea

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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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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