Labor Polarization and Implications for Policy: Focusing on Employment Status and Employment Types of Wage Earners

Abstract

Labor polarization refers to trends in the labor market where the distribution of wages and employment stability decreases in the middle and expands at both ends. This article looks at labor polarization from the perspective of wage workers and examines their employment status and types of employment to understand the current situation and characteristics. The income gap between regular and non-regular employees has reduced in terms of hourly pay, but it has been expanding on a monthly basis. This can be attributed to the fact that non-regular workers have fewer working hours per week compared to regular workers. Unlike in the case of health insurance and employment insurance, when it came to the National Pension, there was a large difference in the participation rate between regular and non-regular employees.