Benefit Reforms for Inclusive Societies in Korea Income Security During Joblessness

Protecting people, rather than specific jobs, plays a key role in promoting labour-market inclusiveness and dynamism. Effective unemployment benefits reduce inequality, and raise productivity by facilitating a good match between workers' skills and job requirements. They are a crucial policy le...

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Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2023
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Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
Description
Summary:Protecting people, rather than specific jobs, plays a key role in promoting labour-market inclusiveness and dynamism. Effective unemployment benefits reduce inequality, and raise productivity by facilitating a good match between workers' skills and job requirements. They are a crucial policy lever for adapting to the major societal, technological and environmental transitions of our time. This report is the first of a number of OECD country reviews of income support policies. Each report analyses key policy challenges, discusses recent reform initiatives, and identifies good practices from other OECD countries. This report on Korea focuses on avenues for strengthening benefit coverage, income security and re-employment in the context of a "dual" labour market with large parts of the workforce in short-duration, non-standard or informal employment. It welcomes Korea's recent reforms towards more accessible jobseeker support, and points to priorities for additional policy action to make income and employment support more effective and inclusive
Physical Description:54 p. 21 x 28cm
ISBN:9789264857650
9789264868526
9789264920347