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Investing in Youth: Korea

image of Investing in Youth: Korea

The series Investing in Youth builds on the expertise of the OECD on youth employment, social support and skills. It covers both OECD countries and key emerging economies. The report on Korea presents new results from a comprehensive analysis of the situation of young people in Korea, exploiting various sources of survey-based and administrative data. It provides a detailed assessment of education, employment and social policies in Korea from an international perspective, and offers tailored recommendations to help improve the school-to-work transition. Earlier reviews in the same series have looked at youth policies in Brazil (2014), Latvia and Tunisia (2015), Australia, Lithuania and Sweden (2016), Japan (2017), Norway (2018), and Finland and Peru (2019).

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Reducing the gap between skill supply and demand in Korea

This chapter analyses stages of young Koreans’ educational and labour market trajectories that can contribute to skill mismatches. It first provides an overview of Korean students’ choices concerning general and vocational education and discusses career guidance policies. In the following two parts, the chapter focuses on initiatives to strengthen the quality and labour market relevance of upper secondary vocational and tertiary education, respectively. Finally, it presents current practices and advantages of competency-based hiring.

English

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