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  • P-ISSN 2586-2995
  • E-ISSN 2586-4130
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KDI Journal of Economic Policy. Vol. 47, No. 4, November 2025, pp. 35-71

https://doi.org/10.23895/kdijep.2025.47.4.35

× KDI Open Access is a program of fully open access journals to facilitate the widest possible dissemination of high-quality research. All research articles published in KDI JEP are immediately, permanently and freely available online for everyone to read, download and share in terms of the Creative Commons Attribution 4.0 International License.

Decomposing the Growth of Part-time Work in South Korea, 2010-2024

SU HWAN CHUNG

Author & Article History

Manuscript received 04 June 2025; revision received 05 June 2025; accepted 13 July 2025.

Abstract

This paper examines the factors contributing to the growth of part-time work in South Korea from 2010 to 2024, during which the fraction of part-time workers doubled. A decomposition analysis suggests that changes in the workforce composition account for approximately 30 percent of this growth, primarily driven by workforce aging. However, the explanatory power drops to around 10 percent when excluding workers likely to participate in a government program providing part-time jobs for older workers. This limited explanatory power is attributed to substantial within-group increases and a declining fraction of young workers, partially offsetting the expansion of older workers. These findings suggest that further research is needed to investigate factors beyond compositional changes to explain the recent growth of part-time work in South Korea.

Keywords

Part-time Work, Decomposition, Senior Employment Program

JEL Code

J11, J21, J22, J14

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