Status and features of the Korean labor market (2008-2018)

This article examines the status and structural characteristics of the Korean labor market since the global financial crisis in 2008. Even though the Korean labor market was resilient in the wake of that crisis, there are issues that require attention, which is including high earnings inequality, an...

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Main Author: Kim, Kyungran
Format: Online
Language:English
Published: Universidade Estadual de Campinas 2020
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Online Access:https://econtents.sbu.unicamp.br/inpec/index.php/rbest/article/view/13721
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author Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
author_facet Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
author_sort Kim, Kyungran
collection Portal da Incubadora de Periódicos Científicos, Acadêmicos e Educacionais
container_reference RBEST Revista Brasileira de Economia Social e do Trabalho; Vol. 2 (2020): Dossier: Inequality in contemporary capitalism; e020002
description This article examines the status and structural characteristics of the Korean labor market since the global financial crisis in 2008. Even though the Korean labor market was resilient in the wake of that crisis, there are issues that require attention, which is including high earnings inequality, an aging labor force, increasing non-regular jobs, and rising youth unemployment rates. The Korean workforce has clearly divided not only by type of employment, but also by size of firms (large corporations and SMEs). Therefore, the main problem of employment is basically originated from the deepening dual structure in the labor market. This paper presents a brief characterization of the Korean’s labor market, analyzing in detail the main employment indicators. It also analyzes wage gap, and working conditions by employment type and firm size, focusing on the dual labor market. Additionally, examines the current situation of platform work, which has emerged as a major area of the labor market, and the trend of minimum wage, which has fluctuated in the last two years
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spelling ojs-article-137212023-04-18T14:56:40Z Status and features of the Korean labor market (2008-2018) Estado y características del mercado laboral coreano (2008-2018) Situation et caractéristiques du marché du travail coréen (2008-2018) Situação e características do mercado de trabalho coreano (2008-2018) Kim, Kyungran Kim, Kyungran Kim, Kyungran Kim, Kyungran Mercado de trabalho Segmentação do mercado de trabalho Salário mínimo Coréia do Sul Mercado de trabajo Segmentación del trabajo Salario mínimo Corea del Sur Labour market Labour market segmentation Minimum wage Korea Marché du travail Segmentation du marché du travail Salaire minimum Corée du Sud This article examines the status and structural characteristics of the Korean labor market since the global financial crisis in 2008. Even though the Korean labor market was resilient in the wake of that crisis, there are issues that require attention, which is including high earnings inequality, an aging labor force, increasing non-regular jobs, and rising youth unemployment rates. The Korean workforce has clearly divided not only by type of employment, but also by size of firms (large corporations and SMEs). Therefore, the main problem of employment is basically originated from the deepening dual structure in the labor market. This paper presents a brief characterization of the Korean’s labor market, analyzing in detail the main employment indicators. It also analyzes wage gap, and working conditions by employment type and firm size, focusing on the dual labor market. Additionally, examines the current situation of platform work, which has emerged as a major area of the labor market, and the trend of minimum wage, which has fluctuated in the last two years Este artículo examina la situación y las características estructurales del mercado de trabajo coreano desde la crisis financiera global en 2008. Aunque el mercado de trabajo coreano haya sido resiliente después de esta crisis, hay aspectos que requieren atención, incluyendo la elevada desigualdad de los rendimientos, una fuerza de trabajo envejecida, el aumento de empleos atípicos y el aumento de las tasas de desempleo juvenil. La fuerza de trabajo coreana se dividió, no solamente por el tipo de empleo, sino también por el tamaño de las empresas (grandes corporaciones y Pymes). Por lo tanto, el principal problema del empleo se origina básicamente en la profundización de la estructura dual en el mercado de trabajo. Este artículo presenta una breve caracterización del mercado de trabajo en Corea del Sur analizando detalladamente los principales indicadores del empleo. Analiza también las diferencias salariales y las condiciones de trabajo por el tipo de empleo y el tamaño de la empresa, enfocado en el mercado de trabajo dual. Así mismo, examina la situación actual del trabajo en plataformas digitales, que emergió como un área importante del mercado de trabajo, y la tendencia del salario mínimo, que fluctuó en los últimos dos años Cet article examine la situation et les caractéristiques structurelles du marché du travail coréen depuis la crise financière mondiale de 2008. Bien que le marché du travail coréen ait bien résisté après cette crise, certains problèmes doivent être pris en compte, notamment l'inégalité des revenus, une main-d'œuvre vieillissante, la hausse des emplois atypiques et le taux de chômage des jeunes. La main-d'œuvre coréenne était clairement divisée non seulement par le type d'emploi, mais également par la taille des entreprises (grandes petits et moyens entreprises). Le principal problème de l’emploi découle donc essentiellement de l’approfondissement de la double structure du marché du travail. Cet article présente une brève caractérisation du marché du travail sud-coréen, en analysant en détail les principaux indicateurs de l'emploi.  Il analyse également les différences de salaire et les conditions de travail par type d'emploi et taille d'entreprise, en se concentrant sur le double marché du travail. En outre, il examine la situation actuelle du travail sur les plateformes numériques, qui est devenu un secteur important du marché du travail, et l'évolution du salaire minimum, qui a fluctué au cours des deux dernières années Este artigo examina a situação e as características estruturais do mercado de trabalho coreano desde a crise financeira global em 2008. Embora o mercado de trabalho coreano tenha sido resiliente após essa crise, há questões que requerem atenção, incluindo a elevada desigualdade de rendimentos, uma força de trabalho envelhecida, o aumento de empregos atípicos e o aumento das taxas de desemprego juvenil. A força de trabalho coreana dividiu-se claramente não apenas pelo tipo de emprego, mas também pelo tamanho das empresas (grandes corporações e PMEs). Portanto, o principal problema do emprego se origina basicamente do aprofundamento da estrutura dual no mercado de trabalho. Este artigo apresenta uma breve caracterização do mercado de trabalho da Coreia do Sul, analisando em detalhe os principais indicadores de emprego. Analisa também as diferenças salariais e as condições de trabalho por tipo de emprego e tamanho da empresa, com foco no mercado de trabalho dual. Além disso, examina a situação atual do trabalho em plataformas digitais, que emergiu como uma área importante do mercado de trabalho, e a tendência do salário mínimo, que flutuou nos últimos dois anos Universidade Estadual de Campinas 2020-07-20 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Text Texto Texte Texto application/pdf https://econtents.sbu.unicamp.br/inpec/index.php/rbest/article/view/13721 10.20396/rbest.v2i.13721 RBEST Revista Brasileira de Economia Social e do Trabalho; Vol. 2 (2020): Dossier: Inequality in contemporary capitalism; e020002 RBEST Revista Brasileira de Economia Social e do Trabalho; Vol. 2 (2020): Dossier: Desigualdad en el capitalismo contemporáneo; e020002 RBEST Revista Brasileira de Economia Social e do Trabalho; Vol. 2 (2020): Dossier: Inégalités dans le capitalisme contemporain; e020002 RBEST Revista Brasileira de Economia Social e do Trabalho; v. 2 (2020): Dossiê: Desigualdade no capitalismo contemporâneo; e020002 2674-9564 eng https://econtents.sbu.unicamp.br/inpec/index.php/rbest/article/view/13721/9776 Korea; Contemporary Corea del Sur; Contemporáneo La Corée du Sud; Contemporain Coréia do Sul; Contemporâneo Copyright (c) 2020 RBEST: Revista Brasileira de Economia Social e do Trabalho https://creativecommons.org/licenses/by-nc-sa/4.0/
spellingShingle Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
Kim, Kyungran
Mercado de trabalho
Segmentação do mercado de trabalho
Salário mínimo
Coréia do Sul
Mercado de trabajo
Segmentación del trabajo
Salario mínimo
Corea del Sur
Labour market
Labour market segmentation
Minimum wage
Korea
Marché du travail
Segmentation du marché du travail
Salaire minimum
Corée du Sud
Status and features of the Korean labor market (2008-2018)
title Status and features of the Korean labor market (2008-2018)
title_full Status and features of the Korean labor market (2008-2018)
title_fullStr Status and features of the Korean labor market (2008-2018)
title_full_unstemmed Status and features of the Korean labor market (2008-2018)
title_short Status and features of the Korean labor market (2008-2018)
title_sort status and features of the korean labor market (2008-2018)
topic Mercado de trabalho
Segmentação do mercado de trabalho
Salário mínimo
Coréia do Sul
Mercado de trabajo
Segmentación del trabajo
Salario mínimo
Corea del Sur
Labour market
Labour market segmentation
Minimum wage
Korea
Marché du travail
Segmentation du marché du travail
Salaire minimum
Corée du Sud
url https://econtents.sbu.unicamp.br/inpec/index.php/rbest/article/view/13721
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