Analysis on the Recent Employment Growth and Outlook for 2018

Korean version is available at: 'https://ssrn.com/abstract=3108356' https://ssrn.com/abstract=3108356■ Employment growth is projected to retreat slightly in 2018, largely due to shrinking investment. ■ These results imply that policies aimed at stimulating labor demand through increased consumption may be desirable in the short-run. ■ In the long-run, policy focus should be placed on supporting innovative business activities to create new labor demand while making consistent efforts to increase labor supply