SEOUL, July 31 (Korea Bizwire) – In a quiet corner of western Japan, a group of dedicated citizens is working to shed light on a long-forgotten tragedy that claimed the lives of 183 miners, including 136 Koreans, during World War II. The Chosei coal mine disaster, which occurred on February 3, 1942, in the city of [...]
SEOUL, July 31 (Korea Bizwire) – The Korean Confederation of Trade Unions (KCTU), the biggest umbrella labor union, on Wednesday denounced the nomination of a former labor rights fighter-turned-conservative politician for the new labor minister as an “anti-labor disaster.” Kim Moon-soo, once a staunch labor and democratization activist who later became a three-term conservative lawmaker, [...]
SEJONG, Jul. 31 (Korea Bizwire) – A recent survey has revealed that nearly 70% of South Korea’s aging population, comprising individuals aged 55 to 79, express a desire to continue working. This demographic, approaching 16 million people, showcases a strong inclination towards prolonged participation in the workforce. Statistics Korea released these findings on July 30, as [...]
SEOUL, July 30 (Korea Bizwire) – The number of senior citizens engaged in economic activities reached an all-time high this year, data showed Tuesday. Of the country’s 15.98 million people aged 55-79, 60.6 percent were economically active as of May, up 0.4 percentage point from a year earlier, according to the data compiled by Statistics [...]
JEJU, Jul. 30 (Korea Bizwire) – The recent launch of Coupang’s late-night Rocket Delivery service on Jeju Island has been marred by tragedy, prompting labor unions to demand a thorough investigation and increased oversight of working conditions. On July 29, the Jeju branch of the Korean Confederation of Trade Unions (KCTU) held a press conference outside [...]
SEOUL, Jul. 30 (Korea Bizwire) – For the second consecutive year, Samsung Electronics has been named the most desirable company to work for among college students in South Korea, according to a recent survey. The employment website Incruit announced on July 29 that it had conducted a survey of 962 job-seeking college students nationwide. The survey [...]
SEOUL, July 25 (Korea Bizwire) – In a landmark decision, South Korea’s Supreme Court has ruled that drivers for the ride-hailing service Tada should be considered employees under labor law, potentially reshaping the gig economy landscape in the country. The court’s ruling, announced on July 25, applied traditional employment criteria to determine the status of workers [...]
SEOUL, Jul. 24 (Korea Bizwire) – Baemin, the dominant player in South Korea’s food delivery market with over 60% market share, is facing intense scrutiny following its decision to increase service fees. Civic groups and small business associations have accused the company, also known as Woowa Brothers, of engaging in unfair practices. The government’s newly formed [...]
SEOUL, Jul. 24 (Korea Bizwire) – A recent analysis of remittance data reveals a significant shift in the financial habits of foreign workers residing in South Korea, with an increasing number opting to send money to their own accounts abroad rather than to family members. BC Card, in collaboration with fintech company Global Money Express (GME), [...]
SEOUL, July 23 (Korea Bizwire) – Samsung Electronics Co. and its largest labor union resumed wage talks Tuesday but failed to reach an agreement, informed sources said. The ninth round of talks was represented by Son Woo-mok, head of the National Samsung Electronics Union (NSEU), and Kim Hyeong-ro, the company’s vice president, according to the source. [...]