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Seoul City Gov’t to Pay “Livelihood Wage” of 6,582 Won an Hour from Next Year

Seoul City Gov’t to Pay “Livelihood Wage” of 6,582 Won an Hour from Next Year

SEOUL, Sep. 3 (Korea Bizwire) – The Seoul metropolitan city government will introduce a scheme to pay an hourly wage of 6,582 won (US$6.46) to guarantee the minimum livelihood of workers. This is about 1,000 won higher than the minimum wage level of 5,580 won for the next year decided in June this year. The city [...]

Pohang City Leading Post-retirement Job Creation in Korea

Pohang City Leading Post-retirement Job Creation in Korea

POHANG, South Korea, Sept 04 (Korea Bizwire) – Pohang City has been so successful in supporting post-retirement job seekers that it is becoming a benchmark among several cities in Korea. Its market-driven characteristics are what made the projects gain much interest from job seekers and municipalities. One project, called ‘smiley shop,’ makes profit by collecting recyclable materials [...]