Next Year's Minimum Wage Set at 10,700 Won/Hr., Up 3.7% from This Yr.

[Economy] :
Labor groups, the business community and public interest representatives have agreed to set next year’s minimum wage at ten-thousand-700 won, or around seven U.S. dollars and 20 cents, per hour.

The decision to raise the rate by 380 won, or three-point-seven percent, from this year’s ten-thousand-320 ...

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