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Labor Market Analysis and Policy Recommendations for Secondary School Graduates
Labor Market Analysis and Policy Recommendations for Secondary School Graduates
  • SUMMARY
    The purpose of this study is to find policy tasks that can foster smooth transition from
    school to workplace for secondary school graduates. This study describes the present
    condition of the graduates’ entry into and exit from the labor market and their job types, as
    well as the types of work or unemployment experiences they gain between school and the
    labor market.

    The key features of unemployment and employment situation for secondary school
    graduates are as follows.
    - Rapid decrease in the proportion of high school graduates in the total labor force -
    Higher educational background among the manpower with less than university graduation,
    which implies that the proportion of two-year college graduates is on the increase.
    - Increase of vocational high school graduates, but this trend is expected to decline in the
    long-term.
    - Low economic activity participation rate of female high school graduates - Gender gap in
    economic activity participation rate in the 15-to-29-years-old group - Spread of the work-
    while-in-school phenomenon - Crowding-out effects in jobs for high school graduate by
    two-year college graduates - Drop in the employment rate of young high school graduates -
    Decrease in the proportion of high school graduates and increase in two-year college
    graduates among the young unemployed - Relatively higher unemployment rate of high
    school graduates compared to the pre-crisis days - By the time young people enter the
    labor market, no great gap was detected in unemployment rate among different educational
    backgrounds.

    The characteristics and policies of youth unemployment in the U.S, U.K., Germany, France,
    Australia, Belgium and other advanced nations are analyzed to formulate policy measures
    for the employment problem of secondary school graduates in Korea. This study also
    proposes 10 basic directions for youth employment and unemployment measures, such as
    job training, employment stabilization programs, and job creation.
Byung-You Cheon and Sang-Il Lee's other publications : 1
{Research Series} posts
No Title Author Date Attach
1 Labor Market Analysis and Policy Recommendations for Secondary School Graduates Byung-You Cheon and Sang-Il Lee March 25, 2003 Labor Market Analysis and Policy Recommendations for Secondary School Graduates
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