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Employment Forecasting

Forecasts supply-and-demand in the labor market
  • Medium and Long-term Labor Force and Employment Projections
    • Predicts supply and demand in the labor market biannually.
      • Forecasts the working age and economically active population by gender, age, and educational attainment
      • Conducts workforce demands forecasts by industry and occupation.
      • Acts as the traffic lights of the labor market by preventing the supply-and-demand mismatch in the workforce through the new workforce supply-and-demand mismatch forecasts by educational attainment, major, and occupation.
    • Develops and operates the KEISIM microsimulation model designed by the KEIS for scientific and systematic predictions.
    • Provides information for establishing an efficient ‘Nurturing-Distribution-Utilization’ mechanism for national human resources and national employment policies.
  • Labor Supply-and-demand Forecasts for Regional Metropolitan Areas
    • Reflects the characteristics of the industry and labor market structures by region
    • Be utilized as data in establishing regional human resource management policies and employment support services
  • Quantitative Labor Supply-and-demand Forecasts by Major Industry and Occupation
    • Selects the major industries and occupations that hold significance in society and conducts indepth forecasts with an aim to diversify and subdivide the labor force supply-demand forecast.
  • Job Forecasts for Major Business Categories
    • Forecasts the job outlook for major business areas such as machinery, electronics, and automobiles semiannually.
      • Aims to resolve the mismatch in supply-demand by providing jobseekers with the information of jobs created during a short period of time by industry, occupation, and region, and suggesting promising industries for employment based on forecasts of employment situations by industry.
      • Seeks to establish a systematic response mechanism to employment problems through various methods, including an early warning system for industries facing a recession.