Abstract

Youth period is a period of life in which individuals strive to design and realize their dreams and hopes. Recent profound changes in society, technology, the economy, ecology and environment, and politics have posed a crisis in youth employment and, if mishandled, can lead them into a state of NEET (Not in Education, Employment, or Training). In this study, we aimed to analyze the main factors contributing to youth NEET status, considering not only general demographic background information but also socio-economic variables such as self-efficacy, parents' occupation and education, housing type and residence, and financial independence from parents. To do this, we utilized data from the Korean Employment Information Service's Youth Panel from 2007 to 2015-2022 and conducted empirical analysis using logistic regression models.
 The analysis results indicated that, in general, young individuals with lower self-efficacy were more likely to transition into NEET status. Additionally, young adults who were financially dependent on their parents and lived with them were more likely to become NEETs. Regarding housing environment, it was found that young adults living in apartments or detached houses had a higher probability of becoming NEETs. Furthermore, the probability of NEET status was higher for males compared to females, and regional differences showed that young adults residing in the Jeolla-Gwangju region had a higher probability of NEET status.
 The implications of this study are as follows. Firstly, policy programs that can prevent youth unemployment (NEET) should be activated. Secondly, it is necessary to strengthen the content of the subject and establish performance indicators to enhance self-efficacy in the knit prevention policy program. Thirdly, a tailored industry development policy that takes into account regional characteristics, along with strategic Human resource development(HRD) in the field of education and training, should be implemented to improve youth employment opportunities. Lastly, it is recommended to establish a fair recruitment and talent management culture based on competencies rather than academic qualifications, along with policies to alleviate excessive wage gaps between job positions. A holistic approach to youth housing and employment policies was also suggested.

Full Text
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