Abstract

Objectives The purpose of this study is to analyze the performance of the labor market according to whether col-lege graduates participate in government employment policies. In this study, the government's employment poli-cy is Korea’s Training Credit Programs and the Youth Job-Seeking Activity Subsidy. The labor market performance consisted of employment status, employment type, job size, wages, and job satisfaction through a review of pre-vious studies.
 Methods The population of the study is college graduates between the ages of 26 and 34. However, since there is a limit to conducting research on the entire population, this study utilized 2019GOMS among the data of the College Graduates Occupational Mobility Survey(GOMS) provided by the Korea Employment Information Service. Excluding missing values, the final targets were 948 people with the Korea’s Training Credit Programs and 964 people with Youth Job-Seeking Activity Subsidy. For data analysis, logistic regression analysis and least squares regression analysis, including propensity score matching, were conducted using the Stata 17.0 program. At this time, individual characteristic factors(gender, age), employment activity factors(linguistic training, certificate), and school characteristic factors(university type, university location, major) were dummized and put into control variables.
 Results As a result of the analysis, it was confirmed that neither policy(Korea’s Training Credit Programs, Youth Job-Seeking Activity Subsidy) had a positive effect on labor market performance according to participation.
 Conclusions Therefore, in this paper, I would like to review the results of the government's employment policy that did not have a positive effect on labor market performance, and to identify and present the causes. This is ex-pected to play an important role in future employment policy operation and research.

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