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Shortage of Semiconductors Takes Toll on Truck Drivers

Shortage of Semiconductors Takes Toll on Truck Drivers

SEOUL, Dec. 22 (Korea Bizwire) — As the worldwide shortage of semiconductors is taking a toll on car manufacturing, cargo truck drivers are frustrated over maintenance delays. Choi Su-yeong (alias), a 30-year-old dump truck driver in South Chungcheong Province, hasn’t been able to get his truck fixed since September. “There are already four trucks lined [...]

Struggling Small Merchants Hold Rally Against Business Curfews, Vaccine Pass System

Struggling Small Merchants Hold Rally Against Business Curfews, Vaccine Pass System

SEOUL, Dec. 22 (Korea Bizwire) — Hundreds of restaurant and other small business owners demonstrated in Seoul on Wednesday, demanding the government scrap the toughed social distancing rules and operating hour curfews that they say would crush their businesses already struggling amid the prolonged pandemic. Some 300 members of the so-called national emergency association of [...]

Mismatch Between Jobs, Majors Has Significant Impact on Wage Loss for University Graduates: BOK

Mismatch Between Jobs, Majors Has Significant Impact on Wage Loss for University Graduates: BOK

SEOUL, Dec. 22 (Korea Bizwire) — The mismatch between jobs and university majors has a stronger long-term impact on wage loss for university graduates than a general economic downturn, the central bank said Tuesday. The average wage of workers with less than one year of job experience declined by 8.3 percent in 2009, following the [...]

New COVID-19 Cases Below 6,000 for 2nd Day, Critical Cases at Over 1,000 Again

New COVID-19 Cases Below 6,000 for 2nd Day, Critical Cases at Over 1,000 Again

SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s new coronavirus cases were below 6,000 for the second day in a row Tuesday, but the number of new critically ill patients exceeded 1,000 again. The country added 5,202 more COVID-19 cases, including 5,144 local infections, bringing the cumulative total to 575,615, the Korea Disease Control and [...]

Small Merchants to Hold Street Protest Against Toughened Virus Curbs

Small Merchants to Hold Street Protest Against Toughened Virus Curbs

SEOUL, Dec. 21 (Korea Bizwire) — Owners of restaurants, cafes and other small businesses plan to hold a rally in Seoul this week to protest the government’s implementation of toughened gathering restrictions and business curfews, according an association of small merchants Tuesday. The so-called national emergency association of small business against COVID-19 said it plans [...]