Methods: This study used the 2010, 2013, and 2016 data from the survey on the Senior Employment Support Program in South Korea, which was produced by the Korea Workforce Development Institute for Elderly. The subjects of this study were 1,500 seniors who participated in the job program more than 2 times. This study investigated the outcomes of the vocational training program and its determinants. Dependent variables are measured by the output of the program (participation, participation time) and the effect of participation in vocational training (program satisfaction, self-development change, working hours, income level). The independent variables are age, education level, program type, and education type. Panel analysis and PSM (Propensity Score Matching) analysis were applied to handle the selection bias and endogeneity of participants in the vocational training program.
Results: The results are as follows. First, female elderly displayed a higher participation rate and time in the elderly vocational training program than males. However, the subjective performance of self-development change and satisfaction was lower for women than for men. In particular, the elderly women with higher education level showed lower satisfaction and self-development change level. Second, gender differences were identified in the employment effects of participation in vocational training programs but were unclear. Both men and women showed a statistically significant impact on participation in time/participation in vocational training programs (P<.05) and on the improvement of working hours and income levels at a limited level (P<.10).
Conclusions and Implications: The results of this study show that the performance of the vocational training program is lower for the female elderly. This tendency was more evident in elderly women with higher education. In preparing the elderly vocational training program, elderly women’s vocational training needs and education level should be reflected.