Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/308154 
Authors: 
Year of Publication: 
2024
Series/Report no.: 
KDI Focus No. 131
Publisher: 
Korea Development Institute (KDI), Sejong
Abstract: 
In the Republic of Korea, middle-aged and older workers experience unusually high job insecurity due to limited labor demand for them. To address this issue, labor market policies and practices must be reformed to make it easier for firms to hire these workers as regular employees. Instead of imposing regulatory mandates, it is crucial to enhance the functioning of labor markets to reduce involuntary early retirements among older workers and prevent career disruptions for middle-aged women. These reforms will also facilitate the gradual extension of the mandatory retirement age, a necessary step in light of Korea's rapidly aging population.
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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