Title: Downgrading employment of university graduates in Korea and policy implications

Authors: Sungeun Cho; Young-Min Lee

Addresses: Sookmyung Women's University, 47th street, Chungparo, Yongsan-gu, Seoul 140-742, Korea ' Sookmyung Women's University, 47th street, Chungparo, Yongsan-gu, Seoul 140-742, Korea

Abstract: This paper examined downgrading employment issues based on existing studies and discussed the causes and solutions regarding the downgrading employment of university graduates. Specifically, this paper will focus on the occurrence of downgrading employment in Korean society. The downgrading employment induced by causes and influential factors have brought about lower utilisation of human resources, reduced productivity, weakening stable labour market, crowding-out effects of labour market due to downgrading employment, and so on. To resolve these problems, efforts should be made to resolve the problem of downgrading employment respectively on each hierarchy encompassing the level of the nation, university and companies, and individuals.

Keywords: downgrading employment; over-education; policy implication.

DOI: 10.1504/IJEPEE.2018.093948

International Journal of Economic Policy in Emerging Economies, 2018 Vol.11 No.3, pp.170 - 182

Received: 05 Oct 2015
Accepted: 20 Oct 2015
Published online: 10 Aug 2018 *

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