Unions Reduce Minimum Wage Demand


Labor unions on Wednesday reduced their demand for a minimum wage hike next year from W10,000 to W9,570 (US$1=W1,181). The unions had been insisting on a 19.8-percent hike from the present W8,350 an hour, but finally bowed to a 14.6-percent increase. Businesses had been calling for a 4.2-percent cut…

Vía The Chosun Ilbo https://ift.tt/32ij4yR

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