Benefit Reforms for Inclusive Societies in Korea
Income Security During Joblessness
Protecting people, rather than specific jobs, plays a key role in promoting labour-market
inclusiveness and dynamism. Effective unemployment benefits reduce inequality, and
raise productivity by facilitating a good match between workers’ skills and job requirements.
They are a crucial policy lever for adapting to the major societal, technological
and environmental transitions of our time.
This report is the first of a number of OECD country reviews of income support policies.
Each report analyses key policy challenges, discusses recent reform initiatives, and
identifies good practices from other OECD countries.
This report on Korea focuses on avenues for strengthening benefit coverage, income
security and re-employment in the context of a “dual” labour market with large parts
of the workforce in short-duration, non-standard or informal employment. It welcomes
Korea’s recent reforms towards more accessible jobseeker support, and points to priorities
for additional policy action to make income and employment support more effective
Available from May 11, 2023