The study aims to provide the statistical LSO data of Korea for the EAG, which is the education statistics data published by OECD and used as fundamental data for related policy making in most countries. We participate in the general assembly of OECD INES LSO, reviewing current indexes and developing new ones. And we figured out the international trend of education-to-work transitions and make some working papers to compare the LSO outcomes across countries. Additionally, we are trying to share the international information with members of KRIVET.
The key contents of OECD INES LSO are as follow.
○ To check the data for EAG 2014
- We verified education wage premium indexes(A6) and the school-to-work transition indexes of youth(C5).
○ To provide the data for EAG 2015
- We generated and provided the Education and Earning Data used for part A tables in EAG 2015 and the TRANS data for part C tables.
○ It is recommended to join four working groups of OECD INES LSO.
- Working groups are consist of 4 groups, Adult learning working group, Economic outcome working group, Learning and Labour Transition working group, and Working Group on Social Outcomes of Learning
- As some countries don't have national statistics or have statistical quality problem, countries are asked to cooperate with each other to solve the problems.
- We review the indexes and give our views on behalf of Korea.
○ It is scheduled to publish the working paper on cross-national comparison of world wide issues which were discussed in the national assembly.
○ To hold the meeting in Krivet to share the information about OECD LSO.
- Krivet meeting on 29 Apr 2014 about 11th INES LSO Network meeting
- Brown Bag Seminar on 30th Oct 2014 about 12th INES LSO Network meeting
We also make a brief cross-national comparative analysis on the employment determination factors for the recent graduates.
○ We present the results of Hamburg et al's study(2013) which used the EC employer survey, and carry out an comparative analysis with GOMS data from Korea Employment Information Service.
○ EC employer survey is a kind of simulation of two-step selecting process to employ staff, at first step of which employers are asked to select one person who can take a job interview among three CVs and at second step of which they are asked again to employ one person by evaluating the skills. And these steps are repeated ten times for each respondent.
○ In Europe, ‘Match between field of study and job tasks’ and ‘relevant work experience’ were most important elements of employment.
○ Underperformance comes at great cost, therefore good signals about graduate's employability are so important.
○ Employer survey can give much valuable information on the labor market of recent graduates.