Cover Page -- Title Page -- Copyright -- FOREWORD -- ACKNOWLEDGEMENT -- CONTENTS -- ABBREVIATIONS -- EXECUTIVE SUMMARY -- INTRODUCTION -- TWO ECONOMIC CRISES AND LABOUR MARKET EVOLUTION -- 2.1 Comparison of the two economic crises in magnitude and transmission mechanisms in Korea -- 2.2 Labour market impact of the economic crises in Korea -- 2.3 Economic crises and aggravation of pre-existing labour marketproblems in Korea -- 2.3.1 Youth employment -- 2.3.2 Non-regular workers -- EMPLOYMENT POLICY AND INSTITUTIONAL REFORM TOWARDS MORE ACTIVE MEASURE -- 3.1 Evolution of employment policies and intensified employment services -- 3.1.1 Evolution of employment policies in Korea -- 3.1.2 Intensified employment services -- 3.2 Employment policy response to youth -- 3.2.1 First project -- 3.2.2 Second project -- 3.3 Employment policy response to non-regular workers -- 3.3.1 The Act on Protection of Temporary and Part-time Workers -- 3.3.2 Means of improving employment status of non-regular workers -- NATIONAL GOVERNANCE TO STRENGTHEN THE COORDINATION OF EMPLOYMENT POLICIES -- 4.1 Increase in budget allocation for jobs -- 4.2 National governance to strengthen the coordination of employment policies -- 4.2.1 National Employment Strategy Meeting -- 4.2.2 Employment Policy Coordination Meeting -- 4.2.3 Creating Public-Private Partnerships to create jobs - Public-Private Job Creation Consultative Committee -- 4.2.4 On-site support for job creation - On-site job+ Team -- 4.3 Policies to facilitate job creation -- 4.3.1 Employment Impact Assessment -- 4.3.2 Local Job Creation Strategy Notice System -- 4.3.3 Assessment system for labour market policies - Employment Insurance Assessment Center -- JOB CREATION: A BROADER APPROACH -- 5.1 Tax reform aiming for job creation -- 5.1.1 Investment tax credits for job creation.

5.1.2 Tax credits on social insurance premiums for companies that create jobs -- 5.1.3 Encouraging employment of youth to SMEs: -- 5.1.4 Earned Income Tax Credits -- 5.2 Towards an employment-oriented welfare system -- 5.2.1 Strengthened connection among local centres -- 5.2.2 Self-Support Promotion Programmes -- 5.2.3 Special Allowance System -- 5.3 Development of new job-growth engines -- 5.3.1 Green jobs -- 5.3.2 Third sector -- 5.3.3 Job creation through working hour reduction -- CONCLUDING REMARKS -- APPENDIX A -- APPENDIX B -- REFERENCES.