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This article is on the legal regulation related to job creation and it handles the debate on the amendment of Labour Standards Act for the fexicurity of labor market. The Social Enterprise Promotion Act was enacted for the promotion and support the social enterprises in 2007. It was expected as an alternative solution for service supply and unemployment. Today the important phenomena which are emerging in the labour market of the social enterprise, are the enlargement of low wage workers and precarious workers. So, it is important to recognize that the legal and institutional policy related to job creation should concentrate on the social-integrative and decent job creation. The Framework Act on Cooperatives in 2012 was established to promote and support the small stare-up companies, and it was expected to accelerate the social and economic paradigm in which users and private sectors play a central role. The legislation and institutional policy related to job creation should be concentrate on the social-integrative job strategy for the job security and the protection of labour standards of workers.