Young people are medically invulnerable to COVID-19 but vulnerable in the labor market: Korean evidence.
Saejung ParkJoonmo ChoPublished in: Health economics review (2022)
Young people in South Korea possess little career experience in the labor market and tend to be seeking work rather than working. Because economic activities are likely to shrink structurally during a pandemic, it is necessary to empirically determine the damage incurred by people who are vulnerable in the labor markets, such as the younger population which was the subject of this study. Accordingly, future policy directions are suggested for the prevention of a rapid increase in the rate of economic inactivity among the younger population during the pandemic.