SEOUL, May 26 (Korea Bizwire) – The rate of increase in the number of temporary workers has been slowing across age groups except for those in their 60s and older, a study showed on Thursday. According to the study from the Korea Labor Institute, the number of non-permanent job holders had increased by 174,000 year-over-year by November [...]
SEOUL, Sept. 10 (Korea Bizwire) – The wage disparities between native and foreign workers in Korea topped a list of major countries, hinting that Korea shows the strongest wage discrimination against foreigners. According to the OECD Employment Outlook 2015 released on September 9, in Korea, native-born workers earn 1.55 times more than foreign-born workers, the [...]
SEOUL, July 14 (Korea Bizwire) – The wage differential between general contractors and subcontractors has worsened to a critical level, and corrective measures should be applied to curb the trends. The Economic and Social Development Commission held an open forum to discuss the structural situation of prime contractors and subcontractors and its remedies for them [...]
SEOUL, March 15 (Korea Bizwire) – The poverty rate of South Korea’s elderly was by far the highest among advanced countries, while the net pension replacement rate for the population was one of the lowest, a report showed Sunday. According to the report from the government-funded Korea Labor Institute, South Korea’s poverty rate among elderly [...]