Korean Delivery Workers Secure Voting Day Off Ahead of 2025 Presidential Election After Industry-Wide Pressure SEOUL, May 24 (Korea Bizwire) — As South Korea prepares for its 21st presidential election on June 3, a heated debate over delivery workers’ right to vote has drawn national attention — and ultimately, a resolution. Following mounting public pressure and [...]
SEOUL, May 23, 2025 (Korea Bizwire) – For the first time, the number of construction engineers aged 60 and older in South Korea has surpassed those in their 40s, signaling an accelerating demographic shift in the country’s construction sector. According to a report released Thursday by the Korea Construction Policy Institute, as of February 2025, 277,432 [...]
SEOUL, May 22, 2025 (Korea Bizwire) — Asiana Airlines is facing mounting criticism and potential legal action over plans to offer unequal severance packages to employees affected by the company’s upcoming sale of its cargo division to Air Incheon, scheduled for July. According to industry sources, Asiana recently notified staff that domestic employees in its [...]
SEOUL, May 21 (Korea Bizwire) — Roughly 230,000 foreign nationals worked in South Korea’s construction industry in 2024, accounting for 14.7% of the sector’s total workforce, according to a new report released Tuesday by the Construction Workers Mutual Aid Association. Of these, over 83% were ethnic Korean Chinese, or Joseonjok, highlighting their dominant role in [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s Fair Trade Commission (FTC) has uncovered more than 1,100 unfair contract clauses across 23 major webtoon and web novel content providers (CPs), exposing widespread practices that undermine creators’ copyright protections and allow for the unauthorized use of derivative works. Following a comprehensive review of contract terms from companies [...]
SEOUL, May 16 (Korea Bizwire) — South Korea’s rapidly increasing number of elderly self-employed workers—driven by baby boomer retirements and limited reemployment options—is emerging as a structural risk to the country’s financial stability and long-term economic growth, the Bank of Korea (BOK) said in a joint report with the Korea Development Institute (KDI) on Thursday. Released [...]
SEOUL, May 15 (Korea Bizwire) — In a bid to ease mounting labor shortages in its service industry, the South Korean government announced Thursday an expansion of permissible job roles for foreign workers under the Employment Permit System (E-9 visa), particularly in delivery services, restaurants, and the hospitality sector. At the 47th Foreign Workforce Policy [...]
SEOUL, May 15 (Korea Bizwire) — Two years after the high-profile suicide of a young elementary school teacher at Seoul’s Seoi Elementary School sparked national outrage, according to new survey results released ahead of Teachers’ Day. A nationwide poll of 8,254 teachers conducted by the Korean Federation of Teachers’ Unions between April 23 and May 7 [...]
SEOUL, May 14 (Korea Bizwire) — South Korea’s political and labor circles are locked in heated debate over a proposal to raise the legal retirement age from 60 to 65, reflecting growing tensions between an aging population and youth employment concerns. The issue, reignited during Labor Day remarks by Democratic Party leader Lee Jae-myung, has polarized [...]
SEOUL, May 14 (Korea Bizwire) — Nearly 6 out of 10 South Korean companies report that new employees leave within one to three years of joining, underscoring growing concerns over early attrition in the workforce, according to a new survey released by HR tech firm Incruit. The study, based on responses from 446 HR professionals, found [...]