Wednesday, October 24, 2007
[IWS] KLI: KOREA: LABOR MARKET CHANGES (1995-2005): Challenges & Policy Implications [October 2007]
IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Korea Labor Institute (KLI)
e-Labor News No. 70
Issue paper
Labor Market Changes in Korea (1995~2005): Challenges and Policy Implications
Hanam Phang, Senior Research Fellow, Korea Labor Institute & Young-Woo Ko, Researcher, Korea Labor Institute
https://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/view_sub.asp?seq=76&rseq=154
or
http://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/upfile/e_70.pdf
[full-text, 44 pages]
This paper was presented at the International Policy Forum on "Visions and Strategies for
Employment Policy in the 21st Century", organized by the Korea Labor Institute at the Grand
InterContinental Hotel, Seoul, Korea on 4-5 Oct. 2007
[excerpt]
I. Changes in the Demographics and the Workforce
1. Changes in the Demographics: Low Fertility and Population Ageing
A. Population Ageing : Trends
The ongoing changes in Korean demographics can be summed up as exceptionally low birthrate and rapid population ageing. Ageing of the population is a phenomenon common to most developed economies, but what makes the Korean case uncommon is its unprecedented pace.
As presented in below, population aged over 65 reached 7% of the total in 2000, turning Korea into an "ageing society." It is expected that 18 years thereafter, in 2018, the proportion is expected to top 14%, turning it into an "aged" society, then in 2026, to top 20%, to turn it into a "hyper-aged" society. The pace is unprecedented fast, yet to be seen in any other developed economies that have already undergone or are currently going through the process.
AND MUCH MORE....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
________________________________________________________________________
Korea Labor Institute (KLI)
e-Labor News No. 70
Issue paper
Labor Market Changes in Korea (1995~2005): Challenges and Policy Implications
Hanam Phang, Senior Research Fellow, Korea Labor Institute & Young-Woo Ko, Researcher, Korea Labor Institute
https://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/view_sub.asp?seq=76&rseq=154
or
http://www.kli.re.kr/kli/html_eng/08_mail/webzineboard/upfile/e_70.pdf
[full-text, 44 pages]
This paper was presented at the International Policy Forum on "Visions and Strategies for
Employment Policy in the 21st Century", organized by the Korea Labor Institute at the Grand
InterContinental Hotel, Seoul, Korea on 4-5 Oct. 2007
[excerpt]
I. Changes in the Demographics and the Workforce
1. Changes in the Demographics: Low Fertility and Population Ageing
A. Population Ageing : Trends
The ongoing changes in Korean demographics can be summed up as exceptionally low birthrate and rapid population ageing. Ageing of the population is a phenomenon common to most developed economies, but what makes the Korean case uncommon is its unprecedented pace.
As presented in below, population aged over 65 reached 7% of the total in 2000, turning Korea into an "ageing society." It is expected that 18 years thereafter, in 2018, the proportion is expected to top 14%, turning it into an "aged" society, then in 2026, to top 20%, to turn it into a "hyper-aged" society. The pace is unprecedented fast, yet to be seen in any other developed economies that have already undergone or are currently going through the process.
AND MUCH MORE....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 6:30 AM
