unemployment rate of 2003 to 2009 is 3~4%. this can notice past measure method of unemployment rate seems to lower unemployment rate than real economic situation.
Because of this short point we need modified unemployment measure Index. Mostly we used sensory unemployment.
체감실업률=취업애로층/수정경제활동인구
* 취업애로층=실업자+비자발적 단시간 취업자
unemployed people who were about 700~800 thousands in term of financial crisis was increase 960 thousands for effect of financial crisis.
recent shift of the number of unemployed people
(unit : 1 thousand)
recent shift of unemployment rates
(unit : 1 thousand)
All
Men
Women
All
Men
Women
- With measure of unemployment the number of unemployed people was decrease to 800, but expec
When the south Korean economy experienced the first oil shock in early 1970s,there had been preliminary discussions whether there was need for an unemployment insurance system. In the latter half the 1970s, south korea’s economic structure was transformed from an agricultural to an industrial economy.the labour market in consequence went through major changes and the excess supply of labour was
When the south Korean economy experienced the first oil shock in early 1970s,there had been preliminary discussions whether there was need for an unemployment insurance system. In the latter half the 1970s, south korea’s economic structure was transformed from an agricultural to an industrial economy.the labour market in consequence went through major changes and the excess supply of labour was
rate in 2006 is 5.2%, the inflation rate of price level in 2006 is about 2.5%, and unemployment rate is 3.5%. it means the Korean economy is neither boom or depression, it’s just moderation market situation. So, there are enough chances for profitable investments, but as much as risks. In the macro factor’s view, the degree of investment fitting is moderate.
2) Industrial Factors
(1)