abstract: 'Young Koreans have been experiencing stress and employment barriers due

  to progressively worsening employment issues since the late 1990s.

  College graduates spend excessive amounts of time job hunting,

  necessitating institutional and policy measures to improve their initial

  labor-market performance. We, therefore, attempt to empirically analyze

  the relevant factors. Focusing on sustainable job quality, company size,

  wages, and satisfaction levels for students'' first jobs after

  graduation, and we specifically use college education quality and

  graduates'' employment-preparation activities as independent variables

  and initial labor-market performance as a dependent variable. First, we

  measure education quality using vocational education and training,

  satisfaction with college education, and studying a language abroad. We

  find that they are positively associated with new graduates'' initial

  labor-market performance. Second, we measure employment preparation

  activities using internship experience, certificates obtained, and

  scores on standardized English exams. Internship experiences are

  positively associated with new graduates'' initial labor-market

  performance. These findings suggest that the Korean government should

  focus on establishing a sustainable labor market for new graduates and

  offer specific, diverse support programs to improve employment among

  young Koreans.'
affiliation: 'Chung, CY (Corresponding Author), Chung Ang Univ, Coll Business \& Econ,
  Sch Business Adm, Seoul 06974, South Korea.

  Choi, Daeheon, Kookmin Univ, Coll Business Adm, 77 Jeongneung Ro, Seoul 02707, South
  Korea.

  Chung, Chune Young; Yoon, Mira, Chung Ang Univ, Coll Business \& Econ, Sch Business
  Adm, Seoul 06974, South Korea.

  Young, Jason, Washington State Univ, Coll Business, Pullman, WA 99164 USA.'
article-number: '2386'
author: Choi, Daeheon and Chung, Chune Young and Yoon, Mira and Young, Jason
author-email: 'dhchoi@kookmin.ac.kr

  bizfinance@cau.ac.kr

  meiluoyin@naver.com

  bizfinace@naver.com'
author_list:
- family: Choi
  given: Daeheon
- family: Chung
  given: Chune Young
- family: Yoon
  given: Mira
- family: Young
  given: Jason
da: '2023-09-28'
doi: 10.3390/su12062386
eissn: 2071-1050
files: []
journal: SUSTAINABILITY
keywords: 'sustainable labor market; college education quality;

  employment-preparation activities; initial labor-market performance'
keywords-plus: RETURNS; ABILITY; SATISFACTION; EDUCATION; INVESTMENT
language: English
month: MAR 2
number: '6'
number-of-cited-references: '68'
papis_id: 34f234b8c263c6394af41941abe88d3a
ref: Choi2020factorssustainable
times-cited: '1'
title: 'Factors in a Sustainable Labor Market: Evidence from New College Graduates''
  Initial Job Placement in Korea'
type: Article
unique-id: WOS:000523751400233
usage-count-last-180-days: '5'
usage-count-since-2013: '44'
volume: '12'
web-of-science-categories: 'Green \& Sustainable Science \& Technology; Environmental
  Sciences;

  Environmental Studies'
year: '2020'