2023-09-28 14:46:10 +00:00
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abstract: 'Young Koreans have been experiencing stress and employment barriers due
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to progressively worsening employment issues since the late 1990s.
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College graduates spend excessive amounts of time job hunting,
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necessitating institutional and policy measures to improve their initial
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labor-market performance. We, therefore, attempt to empirically analyze
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the relevant factors. Focusing on sustainable job quality, company size,
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wages, and satisfaction levels for students'' first jobs after
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graduation, and we specifically use college education quality and
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graduates'' employment-preparation activities as independent variables
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and initial labor-market performance as a dependent variable. First, we
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measure education quality using vocational education and training,
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satisfaction with college education, and studying a language abroad. We
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find that they are positively associated with new graduates'' initial
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labor-market performance. Second, we measure employment preparation
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activities using internship experience, certificates obtained, and
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scores on standardized English exams. Internship experiences are
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positively associated with new graduates'' initial labor-market
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performance. These findings suggest that the Korean government should
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focus on establishing a sustainable labor market for new graduates and
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offer specific, diverse support programs to improve employment among
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young Koreans.'
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affiliation: 'Chung, CY (Corresponding Author), Chung Ang Univ, Coll Business \& Econ,
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Sch Business Adm, Seoul 06974, South Korea.
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Choi, Daeheon, Kookmin Univ, Coll Business Adm, 77 Jeongneung Ro, Seoul 02707, South
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Korea.
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Chung, Chune Young; Yoon, Mira, Chung Ang Univ, Coll Business \& Econ, Sch Business
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Adm, Seoul 06974, South Korea.
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Young, Jason, Washington State Univ, Coll Business, Pullman, WA 99164 USA.'
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article-number: '2386'
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author: Choi, Daeheon and Chung, Chune Young and Yoon, Mira and Young, Jason
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author-email: 'dhchoi@kookmin.ac.kr
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bizfinance@cau.ac.kr
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meiluoyin@naver.com
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bizfinace@naver.com'
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author_list:
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- family: Choi
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given: Daeheon
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- family: Chung
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given: Chune Young
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- family: Yoon
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given: Mira
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- family: Young
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given: Jason
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da: '2023-09-28'
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doi: 10.3390/su12062386
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eissn: 2071-1050
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files: []
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journal: SUSTAINABILITY
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keywords: 'sustainable labor market; college education quality;
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employment-preparation activities; initial labor-market performance'
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keywords-plus: RETURNS; ABILITY; SATISFACTION; EDUCATION; INVESTMENT
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language: English
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month: MAR 2
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number: '6'
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number-of-cited-references: '68'
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papis_id: 34f234b8c263c6394af41941abe88d3a
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ref: Choi2020factorssustainable
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times-cited: '1'
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title: 'Factors in a Sustainable Labor Market: Evidence from New College Graduates''
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Initial Job Placement in Korea'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000523751400233
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usage-count-last-180-days: '5'
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usage-count-since-2013: '44'
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volume: '12'
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web-of-science-categories: 'Green \& Sustainable Science \& Technology; Environmental
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Sciences;
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Environmental Studies'
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year: '2020'
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