SMEs are trapped in a vicious circle they face labor shortages because of their low productivity and wages and finish up with a large share of less-skilled workers, generally non-regular, preventing SMEs from raising productivity and wages. Certainly, the share of non-frequent workers was 48% at firms with less than five workers, 32% at these with … Read More

Labor market dualism is linked to the dualism between huge firms and SMEs, and youth employment can not be enhanced in a sustainable way devoid of addressing this polarization. Increasing youth employment is vital for Korea’s financial vitality and the young individuals concerned. In addition, improved labor market place outcomes for young worker… Read More

Job gains roared back in almost just about every sector in October with U.S. payrolls rising by 531,000. The unemployment picture enhanced for Americans general in October, but not for females and Black workers. Quickly price tag increases spell trouble, but moderate value gains can lead to larger wagesand job growth. But even as parts of the econo… Read More