Major Labor Groups Slam 2027 Minimum Wage Hike as Insufficient for Workers' Livelihoods

[Economy] :
The country’s two major umbrella labor unions criticized the decision to raise the 2027 minimum wage by three-point-seven percent to ten-thousand-700 won, or seven U.S. dollars and 20 cents, per hour, saying the increase falls far short of ensuring workers’ livelihoods.

The Korean Confederation of ...

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