Abstract
The biggest challenge faced by the Korean labor market today is its labor shortage due to the rapid decrease in its productive population. Korea’s productive population dwindles from 2017, reaching its peak on 2016. The speed of the productive population is decreasing faster than any other country. Korea’s compressed economic growth during its industrialization process was made possible by an abundance of high quality labor but since then a low birthrate and its rapidly aging society have caused a continued decrease that ultimately led to its current shortage.
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Yang, C., Kwon, Y. (2017). Social and Organizational Culture in Korea and Women’s Career Development. In: Suh, S., Anthony, T. (eds) Big Data and Visual Analytics. Springer, Cham. https://doi.org/10.1007/978-3-319-63917-8_4
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DOI: https://doi.org/10.1007/978-3-319-63917-8_4
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