Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor ...

improvements in matching efficiency do not. Better matching simply reduces the time people spend unemployed without changing how productive they are once employed. Thus, Korea’s labor market tightness ...

In most cases, reducing graduate mismatch will not only improve the labour market efficiency but also will ... is less attractive because the wages earned by the mismatched graduates are lower ...

Vietnam - How To Optimize Labor Costs For Business Efficiency. Legal News and Analysis - Vietnam - Labour & Employment - ...

Understanding labor market concentration is crucial for companies evaluating the potential impact of minimum wage policies. Businesses in highly concentrated markets may find that raising wages ...

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LONDON (Reuters) -Bank of England interest rate-setter Catherine Mann said she voted to keep borrowing costs on hold last ...

They included: Economic structure and productivity: Higher productivity enables countries to sustain higher wages and thus higher hourly labour costs. Labour market institutions: The presence ...

The Labour Reform Commission has recommended increasing national and sector-based wages and setting its standard level through review every 3 years. The commission in its proposed report submitted to ...