Active Labor Market Policies in an Industrial Crisis: Case of Korean Shipbuilding Industry and Public Employment Services
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초록

After the 2008 global financial crisis and COVID-19, Korea’s shipbuilding industry struggled with a prolonged downturn. Given the negative effects of unemployment on market and economic activities, Hope Centers were installed in cities with shipyards to provide reemployment assistance to laid-off workers. The employment outcomes of Shipbuilding Industry Hope Center participants were analyzed using propensity score matching, OLS, logistic regression analysis, and survival analysis. There is evidence that participation at Shipbuilding Industry Hope Centers does not positively affect reemployment in the shipbuilding industry. The analysis derives implications for active labor market policies and public employment services for industrial crises. By considering the intricacies of each sector, policymakers can design targeted strategies that effectively address industry crises and minimize the adverse effects of layoffs and downsizing. © 2024 GMP Press and Printing.

키워드

Active labor market policiesEmployment crisis regionPublic employment servicesShipbuilding industry
제목
Active Labor Market Policies in an Industrial Crisis: Case of Korean Shipbuilding Industry and Public Employment Services
저자
Lee, Young-Min
발행일
2024-09
유형
Article
저널명
Review of Integrative Business and Economics Research
13
3
페이지
42 ~ 58