earticle

영어

This study examines the economic impacts of region-led youth employment projects, focusing on their effects on local economies. The analysis identifies two primary economic outcomes: increased production and heightened consumption expenditure. Findings reveal that the economic effect of production growth surpasses that of consumption expenditure. This suggests that maximizing the economic benefits of employment support initiatives requires prioritizing production enhancement. Unlike other support programs, employment projects yield significant economic effects only when tied to production increases. Consequently, effective support for production growth is critical, as employment aid disconnected from production yields limited economic returns. To optimize outcomes, the selection of support recipients should incorporate an assessment of businesses’ employment conditions, ensuring that aid effectively addresses labor shortages and boosts productive capacity.