This is a study which attempt to analyze changing patterns of economic active population, to estimate future patterns, and examine various problems arises by changing circumstances of the labor force market including social, economic, health and demog...
This is a study which attempt to analyze changing patterns of economic active population, to estimate future patterns, and examine various problems arises by changing circumstances of the labor force market including social, economic, health and demographic aspects. We have constructed series of working life table which are useful in sytudying the process of growth and structural change of labor force. Working life tables represent the life cycle of economic activity in hypothetical cohorts, that is, generation of men subject at each period of their lives to given rates of mortality and of participation in economic activities. The tables provide measures of the average length of economically active life, and agespecific rates of entrance into and retirement from the labor force.
In constructing working life tables, age-specific activity rates and life table population which represents contemporary conditions of mortality in Korea are the basic materials. We have derived the age-specific rates form economically active population survey, which were conducted by the Bureau of Statistics, Economic Planning Borard of the Korean government. Working life tables are constructed for men wth these materials in the year of 1970, 1980 and 1988 by a modified Wolfbein-Wool's method. Some of the findings may be summerized as follow :
1) A central part of constructing working life table is calculation of stationary economic active population, which represents the number of men in the stationary population expected to be in the labor force at each age group in the life span. The stationary economic active population by age have generally a universal pattern, where they rise sharply in the early twenties, approach its' peak in the thirties decline thereafter, at first gradually and then more rapidly at an advanced age. Korean men show the same general pattern of age distribution of stationary economic active population with sharp increase begining from the age interval of 20 to 24, reaching to maximum level at older age. The population, however, presumably, increased substantially due to increaseing school attendance rates. Another difference exists in the youngest age groups, that is the activity rate in the year of 1988 is lower than that of Japan. The table shows an analysis of changes in the age distribution of labor force between 1970, 1980 and 1988.
2) It was shown an analysis of changes in the age distribution and cause of separation from labor force. The entrance rate to labor force has increased from 185 persons to 299 persons per 1000 head of stationary population between that of 1980 than that of 1988 for Korean men in 20~24 age group. The entrace rate to labor force shows a rapid entrance appearance concentrated on the 15~24 age group. The separation rate from labor force by retirment in Korea in the year of 1988 shows a great difference of the about four times as much as that of Japan.
3) The functions of table illustrate the patterns of working life of males in Korea in 1970, 1980 and 1988. The average remaining number of economically active years, e°wx at age 15 in 1988 is 46.39 which is 2.12 years of increase compared with that of at age 15 in 1970, 1980 and 1988 are 43.90, 44.27 and 46.39 respectively, showing steadily increase during the past double decade. the increase in the length of economically active life various age may be considered to have come both from extention of general life expectancy and from increasing entrance rate to economic activity in high age that of working is far greater in 1988 than that of 1980. The gaps between expectation of life and average remaining years of economically active widened due to rapid improvement of mortality level in Korea. This observation together with the population pressure by the appearance of a group of younger population implies that constant increase of economically inactive population among older age group.