state allowances Archives | Be Korea-savvy

Unemployment Allowance Payments Set New Record for 6th Straight Month in July

SEOUL, Aug. 10 (Korea Bizwire) — The total value of unemployment benefits paid out by the government set a new record for the sixth consecutive month in July, data showed Monday, due largely to the persistent negative economic impact from the coronavirus outbreak. The amount of state allowances paid to those unemployed or seeking jobs [...]

Unemployment Allowance Payments Hit New High in March

SEOUL, April 13 (Korea Bizwire) – The amount of state allowances paid to those unemployed or seeking jobs soared to a record high of nearly 900 billion won (US$738 million) in March, data showed Monday, due largely to the negative economic impact from the coronavirus outbreak. According to the Ministry of Employment and Labor, the [...]