A Study of Demand-Supply Chain Management to Promote the Youth Employment
Recently, youth unemployment is not a mere economic problem. It could be develop into a serious social problem. According to data released by the National Statistical Office that the jobless rate for younger koreans aged between 15 and 29 reached 8 percent in 2005, which was more than double in total unemployment rate. Unemployment among young people has been getting worse since the foreign exchange crisis.
Hence, this paper examines the status and causes of the youth unemployment problem and studies the possibility to apply the Demand-Supply Chain Management to the problem.