Are Kore­ans too edu­cat­ed? South Korea must address its inac­tive share of aca­d­e­mics for sus­tain­able growth

Com­pared to prob­lem strick­en coun­tries like Spain or Greece, youth unem­ploy­ment in Korea doesn’t seem to be an issue. Offi­cial OECD sta­tis­tics report an unem­ploy­ment rate of 9,6% for peo­ple between 15 and 24 (Jones 2013). With respect to this low rate of unem­ploy­ment South Korea is out­per­formed by only very few coun­tries like Ger­many […]