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Mar 4, 2023
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2.dos.5. The fresh looming decrease in the dimensions of the latest labour force

2.dos.5. The fresh looming decrease in the dimensions of the latest labour force

One to material inside the Korea is that women are nonetheless likely to log off paid back really works through to motherhood (see Chapters 3 and you may 5). Women’s a career costs check out more than 10 fee factors amongst the chronilogical age of 25-31 and you will 35-39 (Profile step 1.seven inside the Section step 1), as the females get into relationship otherwise parenthood. More over, whenever Korean people go back to really works immediately following become moms and dads, they often times struggle to progress inside their work. Korean women can be disproportionately browsing find themselves in precarious non-regular a job, in which earnings is comparatively low, public defense publicity is bound, and you may potential having upgrading the positioning hierarchy try scarce (Part step three). Korea’s a lot of time performing days, being however one of several longest regarding the OECD ( OECD Work Databases), along with place hefty requires into people professionals that will be tough to tally having friends responsibilities (Part step three).

Korea’s moving forward class offers significant pressures, not the very least for the future of your Korean savings. Everything else equal, this new diminishing and you may ageing of your own Korean society will quickly direct so you can a decrease on the number of gurus on the fresh new labor markets. Continue reading »

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