Demographic Change and Labor Quality in the Republic of Korea
17 May 2018
Author / Speaker

The authors conducted research to analyze the Republic of Korea’s human resource development from 1986 to 2016, measure changes in labor resources, and project labor quality and quantity growth up to 2040. They found that the labor quantity growth rate declined from the late 1980s to 2016, but the labor quality growth rate was sustained, and is expected to be sustained until 2035. Employing more elderly and female workers could help push labor quantity growth. ​

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

Topics

  • Economics
  • Gender Equality