In this study, the effects of academics, skills, and major mismatches and job satisfaction on the labor mobility and wages of college graduates by region were analyzed using the youth panel (1-14th) of the Korea Employment Information Service.
The results of the analysis show that there is a high probability of falling into downward employment, even among highly educated classes with college graduates or higher. Many of them are likely to enter jobs that are unrelated to their major, as there are large major mismatches among highly educated young people, and they are expected to change jobs frequently. It was also confirmed that young people who are vulnerable in the labor market, such as women, temporary/daily workers, low-wage workers, and small- and medium-sized enterprise workers in both metropolitan and non-metropolitan areas, still struggle find stable jobs. Additionally, employment stability and wage/income are crucial factors affecting the possibility of workplace movement.