国际货币基金组织：2025年劳动力市场匹配效率与韩国疫情后的低失业率报告（英文版）

Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor market flows incorporating a matching function and identifies a sustained increase in labor market matching efficiency as the primary driver of persistently low post-pandemic unemployment. The framework further suggests that, barring an unlikely reversal of these efficiency gains, the unemployment ra