Exit duration and unemployment determinants for Korean graduates
Abstract Purpose This study aims to resolve Korea’s youth unemployment problem by analyzing the exit duration and unemployment determinants for college graduates in Korea. More specifically, it identifies the factors that improve young people’s employability by examining the impact of individual and...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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SpringerOpen
2019-04-01
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| Series: | Journal for Labour Market Research |
| Subjects: | |
| Online Access: | http://link.springer.com/article/10.1186/s12651-019-0255-2 |
| _version_ | 1818942541183057920 |
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| author | Jung-Yon Lim Young-Min Lee |
| author_facet | Jung-Yon Lim Young-Min Lee |
| author_sort | Jung-Yon Lim |
| collection | DOAJ |
| description | Abstract Purpose This study aims to resolve Korea’s youth unemployment problem by analyzing the exit duration and unemployment determinants for college graduates in Korea. More specifically, it identifies the factors that improve young people’s employability by examining the impact of individual and college characteristics, employment preparation behavior, self-esteem, and job-seeking activities during college on reducing unemployment. Design/methodology/approach Data from the eighth to 11th Korean Education and Employment Panel surveys are compiled and analyzed. A survival analysis and Cox proportional hazards model are used. Survival analysis is a useful statistical method for data analysis to describe, explain, or predict the occurrence and timing of a particular event. Findings College graduates differ in their employment preparation behavior based on their individual and college characteristics. Women focus more on achieving a good grade point average. Men are more active in seeking jobs, with the type of college and major subjects affecting their participation in on-the-job training. Second, the longer a college graduate’s unemployment exit duration is, the less likely it becomes that he or she will escape from unemployment. Third, self-esteem is an important factor in increasing the likelihood of escaping from unemployment. Fourth, while job-seeking activities have a positive effect on escaping unemployment, excessive employment preparation behavior has a negative effect. Originality/value The paper deals with a serious problematic situation of Korea’s youth unemployment. Significant results were identified and several research implications were proposed to make potential contributions for future research on youth unemployment. |
| first_indexed | 2024-12-20T07:13:04Z |
| format | Article |
| id | doaj.art-f3ca751f3671411da789ac9ac7d7cf58 |
| institution | Directory Open Access Journal |
| issn | 2510-5019 2510-5027 |
| language | English |
| last_indexed | 2024-12-20T07:13:04Z |
| publishDate | 2019-04-01 |
| publisher | SpringerOpen |
| record_format | Article |
| series | Journal for Labour Market Research |
| spelling | doaj.art-f3ca751f3671411da789ac9ac7d7cf582022-12-21T19:48:52ZengSpringerOpenJournal for Labour Market Research2510-50192510-50272019-04-0153111410.1186/s12651-019-0255-2Exit duration and unemployment determinants for Korean graduatesJung-Yon Lim0Young-Min Lee1Vocational Education and Training Institute, Korea PolytechnicsGraduate School of Human Resource Development, Sookmyung Women’s UniversityAbstract Purpose This study aims to resolve Korea’s youth unemployment problem by analyzing the exit duration and unemployment determinants for college graduates in Korea. More specifically, it identifies the factors that improve young people’s employability by examining the impact of individual and college characteristics, employment preparation behavior, self-esteem, and job-seeking activities during college on reducing unemployment. Design/methodology/approach Data from the eighth to 11th Korean Education and Employment Panel surveys are compiled and analyzed. A survival analysis and Cox proportional hazards model are used. Survival analysis is a useful statistical method for data analysis to describe, explain, or predict the occurrence and timing of a particular event. Findings College graduates differ in their employment preparation behavior based on their individual and college characteristics. Women focus more on achieving a good grade point average. Men are more active in seeking jobs, with the type of college and major subjects affecting their participation in on-the-job training. Second, the longer a college graduate’s unemployment exit duration is, the less likely it becomes that he or she will escape from unemployment. Third, self-esteem is an important factor in increasing the likelihood of escaping from unemployment. Fourth, while job-seeking activities have a positive effect on escaping unemployment, excessive employment preparation behavior has a negative effect. Originality/value The paper deals with a serious problematic situation of Korea’s youth unemployment. Significant results were identified and several research implications were proposed to make potential contributions for future research on youth unemployment.http://link.springer.com/article/10.1186/s12651-019-0255-2Youth unemploymentUnemployment exit durationSurvival analysisKorean Education and Employment Panel |
| spellingShingle | Jung-Yon Lim Young-Min Lee Exit duration and unemployment determinants for Korean graduates Journal for Labour Market Research Youth unemployment Unemployment exit duration Survival analysis Korean Education and Employment Panel |
| title | Exit duration and unemployment determinants for Korean graduates |
| title_full | Exit duration and unemployment determinants for Korean graduates |
| title_fullStr | Exit duration and unemployment determinants for Korean graduates |
| title_full_unstemmed | Exit duration and unemployment determinants for Korean graduates |
| title_short | Exit duration and unemployment determinants for Korean graduates |
| title_sort | exit duration and unemployment determinants for korean graduates |
| topic | Youth unemployment Unemployment exit duration Survival analysis Korean Education and Employment Panel |
| url | http://link.springer.com/article/10.1186/s12651-019-0255-2 |
| work_keys_str_mv | AT jungyonlim exitdurationandunemploymentdeterminantsforkoreangraduates AT youngminlee exitdurationandunemploymentdeterminantsforkoreangraduates |