low-educated people producing jobs, on the other hand, application difficulty is getting worse in case of highly-educated people white-collar worker. That caused sharp wages rise of a short period around short types of occupation because of the imbalance of manpower supply and demand. Therefore domestic companies are able not to have been calculated human resources with lowwages. The second, e
2.2.3 Promoting system
The promoting system of Senior Employment Project for the aged consists of division of roles by different levels of government, such as 'Ministry of Health and Welfare', local government, 'Korea Labor Force Development Institute for the aged(한국노인인력개발원)‘, and each performing institutions. Major policies are managed by 'Ministry of Health and Welfare' a
wage inequality?
a. Indexing the minimum wage to inflation.
b. Increasing the benefit level paid to welfare recipients,
c. Increasing wage subsidies paid to firms that hire low-skill workers.
d. An increase in border enforcement, reducing the number of illegal immigrants entering the country.
a. 최저임금이 상승하면 상대적으로 고임금 노동자를 고용하는 것이 기
can sell all they want at the equilibrium price.
Another one of the Ten principles of Economics :
- Governments can sometimes improve market
outcomes.
However, price controls often hurt more than help them
- Rent-control : keep rents low makes housing
hard to find
- Minimum-wage : raise the income cause of
unemployment
employment rates
(unit : 1 thousand)
All
Men
Women
All
Men
Women
- With measure of unemployment the number of unemployed people was decrease to 800, but expectation of business recovery and state of employment didn't emerge. So the number of unemployed people were swiftly over 1 million.
◇ The participation rates of economic action and employment rates keep the low level as compare