Benefit Reforms For Inclusive Societies In Korea Income Security During Joblessness
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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.
Benefit Reforms for Inclusive Societies in Korea
Author: Organisation for Economic Co-operation and Development
language: en
Publisher:
Release Date: 2023-05-11
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
Benefit Reforms for Inclusive Societies in the United States 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 facilitate a good match between workers’ skills and job requirements.