The Organization for Economic Cooperation and Development (OECD) diagnosed that 1 in 10 jobs in Korea are at risk of being automated in the future.
On the 8th, the OECD announced this in a chapter entitled’The Future of Work and Technology’ contained in the report’Research on Inclusive Growth in Korea: Creating Opportunities for All’ published with the Korea Development Institute (KDI).
As a result of analyzing the work content of individual jobs, the OECD analyzed that the possibility of automation in Korea is more than 70%, and the share of large jobs is 10%. This is lower than the OECD average (14%).
This share was the smallest in Norway (6%) while the largest in Slovakia (34%).
The OECD said, “These figures capture the potential for job destruction and do not reflect the number of jobs new technologies can create.”
He said, “There may be more jobs that are newly appearing than jobs that are destroyed by new technologies,” he said. “It is unlikely that there will be a sharp decline in employment in Korea as well as the OECD as a whole.”
However, the OECD recommended that it is necessary to establish a social safety net and support income and reemployment to cope with the rapidly changing labor market in the future.
The OECD also pointed out that the dual structure of the labor market in Korea, where the difference between regular and non-regular workers, is large remains a task to be resolved.
He then suggested that the conditions for non-regular workers should be improved, and vocational training and quality jobs for vulnerable groups such as women, youth, and migrant workers are needed.
In addition, he pointed out that the development of the manufacturing industry centered on chaebols could lead to a gap in productivity between the service industry and the manufacturing industry, and between large companies and SMEs, and that there is a concern that it could hinder innovation.
At the same time, it recommended tax support and product market reforms for SMEs and service sectors.
Meanwhile, the OECD mentioned the’Korean version of the New Deal’ policy and the response to Corona 19 as examples of policies that quickly responded to economic and social changes.
In particular, it was evaluated that the response to Corona 19 was the most successful among OECD countries, and active financial support through the establishment of an additional budget (additional budget) and early blocking of the spread of infection through K-quarantine was effective in maintaining jobs in Korea.
On this day, the OECD and KDI held a report on the’Inclusive Growth Study in Korea’ and released the results of a cooperative study conducted by the two organizations for about two years from 2019.
This study is the first case in which the status of inclusive growth in Korea was checked against international standards by applying the’OECD Inclusive Growth Framework Indicator System’.
Industry Team [email protected]
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