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Old Gil
Joined: 26 Sep 2009
Location: Got out! olleh!
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 Posted: Mon Nov 23, 2009 2:24 am Post subject: Korean Youth Employment Low |
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http://www.koreatimes.co.kr/www/news/biz/2009/11/123_55999.html
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| the employment rate here of young adults, or those aged 15 to 29, is 41 percent. The average rate among Organization for Economic Cooperation and Development (OECD) countries is 54 percent. |
I'm not sure what to make of this data, I don't see how lumping in high school and college age students with post-graduates illuminates very much at all. It would be a lot more useful to take a measure of, say, 22-29. This definitely ties in with the 880k Generation phenomenon.
However, it is a useful metric to use when comparing the same data to other OECD countries. Seems like it's a tough climb out for the younger generation here, which is too bad because this is the generation that will truly have to modernize this country in terms of crafting an actual civil society. |
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GwangjuParents
Joined: 31 Oct 2008
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| Posted: Mon Nov 23, 2009 2:57 am Post subject: |
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Yeah, I've always wondered about "unemployment stats" for K-youth.
I mean, you have so many of them who stay at home with their parents till they're 30, and who probably get an allowance from their parents.
So you have a huge number K 20 somethings who wouldn't show up on any gov't radar. |
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pkang0202
Joined: 09 Mar 2007
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| Posted: Mon Nov 23, 2009 5:04 am Post subject: |
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Unemployment numbers only include people who are actively looking for work. Those high school/college students who study full time, and aren't looking for jobs are not imcluded in those figures.
Also, people who are unemployed, and have given up looking for work are also not included. |
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