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Job outcomes among Korean graduates with vocational qualifications

Job outcomes among Korean graduates with vocational qualifications PurposeThe purpose of this paper is to ascertain the status of recent Korean four-year college students’ acquisition of vocational qualification certificates (hereinafter “certificates” or “qualifications”), the factors that influence certificate acquisition, and the resulting employment and wage effects.Design/methodology/approachRegression analysis was conducted on the data from the Graduates Occupational Mobility Survey.FindingsThe results showed that females and medicine and education majors had higher rates of vocational qualifications, as did the students in provincial as compared to metropolitan areas and students with high grades. In terms of effects on labor market outcomes, vocational qualifications exert a moderate degree of positive influence on employment rate, wage at the time of initial employment, and current wage (i.e. there is a persistent wage effect).Originality/valueThis study will provide policy implications to decrease youth unemployment in Korea and worldwide as well as to build employment services supporting the acquisition of vocational qualifications across various disciplines. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Education + Training Emerald Publishing

Job outcomes among Korean graduates with vocational qualifications

Education + Training , Volume 59 (6): 16 – Jul 10, 2017

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0040-0912
DOI
10.1108/ET-11-2016-0166
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to ascertain the status of recent Korean four-year college students’ acquisition of vocational qualification certificates (hereinafter “certificates” or “qualifications”), the factors that influence certificate acquisition, and the resulting employment and wage effects.Design/methodology/approachRegression analysis was conducted on the data from the Graduates Occupational Mobility Survey.FindingsThe results showed that females and medicine and education majors had higher rates of vocational qualifications, as did the students in provincial as compared to metropolitan areas and students with high grades. In terms of effects on labor market outcomes, vocational qualifications exert a moderate degree of positive influence on employment rate, wage at the time of initial employment, and current wage (i.e. there is a persistent wage effect).Originality/valueThis study will provide policy implications to decrease youth unemployment in Korea and worldwide as well as to build employment services supporting the acquisition of vocational qualifications across various disciplines.

Journal

Education + TrainingEmerald Publishing

Published: Jul 10, 2017

References

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