The Ministry of Employment and Labor (MOEL) and the Korea Employment Information Service (KEIS) held an international conference on employment effects evaluation and job creation at the Cedar Hall of the 63 Building in Yeouido, Seoul, on July 12th (Thu.). The conference was attended by experts from home and abroad, including those from the ILO, the U.S., Germany and the U.K.
This international conference had great significance in that it was the first international event held in Korea in regard to employment impact assessment.
During the conference, the employment impact assessment systems of Korea and other countries were introduced, specific cases were shared among participants and future directions of development, etc., were actively discussed.
An employment impact assessment system is a system that helps create more and better jobs by analyzing and assessing the impacts on employment of projects, policies, laws and systems implemented by the State and local governments. (Article 13 of the Framework Act on Employment Policy)
Amid the recent weakening of economies' job creation capacity, there is a growing interest around the world in employment impact assessments intended to analyze and assess how much a government's main policies and projects have contributed to job creation.
In the U.S., a system which requires the employment impacts of projects funded by the economic stimulus package to be monitored, analyzed and assessed on a regular basis and the results to be published online and reported to Congress was introduced with the enactment of the American Recovery and Reinvestment Act in February 2009.
The U.K. and Germany are implementing various employment impact assessment programs, such as the one designed to assess the employment impacts of local development and foreign investment projects and provide policy funds based on the results.
Lee Jae-kap, the Vice Minister of Employment and Labor, who attended the conference, said in his welcoming speech that amid the acceleration of economic globalization and the rapid progress of industrial restructuring in recent years and as a result of the global financial crisis sweeping the world and Europe's fiscal crisis, consensus was forming on employment-friendly growth and sustainable growth for all.
He said he hoped that in keeping with changing times, this international conference held in Korea would provide a meaningful opportunity for participants to discuss the jobs problem and share various employment impact assessments and thus to be able to put their knowledge together.
The international conference largely consisted of three sessions.
In each of these sessions presentations and discussions took place under the theme, "Methodology and Policy of Employment Impact Assessment", "Labor Market and Employment Policy of OECD Countries", and "Renewable Energy and Green Jobs".
Lee Jae-heung, the Director General of the Employment Policy Bureau, gave a presentation of recent labor market changes in Korea and the government's employment policies, thereby helping participating foreign experts to understand and share the outcomes of Korea's job-creation projects and the features of its employment policies.
An MOEL official said that getting momentum from this event, the government would continue to create opportunities to discuss employment impact assessments and jobs policies with other OECD countries.
He also said that the government would further develop its employment impact assessment system so that it could become established as key infrastructure helping government policies to be implemented in an employment-friendly way.