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At the end of 1997, Korea was hit by a major financial and economic crisis, which resulted, among other things, in a huge rise in unemployment. The event caught the country’s labour and social institutions unprepared, so that many workers and their families were hit hard. The economy has now...
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This dataset shows the proportion of earnings that are lost to either higher taxes or lower benefit entitlements when a jobless person takes up employment. It is commonly referred to as "Participation Tax Rate (PTR)" as it measures financial disincentives to participate in the labour market....
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Low incomes and high unemployment in rural areas are issues of concern to policy makers in all countries. With the ongoing structural adjustment in primary agriculture employment opportunities are diminishing, while off-farm employment in rural areas is growing, albeit gradually
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