S. Korea to raise minimum wage for next year by 2.9 pct

South Korea decided Friday to raise the minimum wage for next year by 2.9 percent, the slowest growth in a decade, as it took into account an economic slowdown and sluggish job growth. The Minimum Wage Commission, involving labor and business representatives and experts, set the minimum wage at 8,590 won (US$7.32) per hour for […]

12 July , 2019Comments Off on S. Korea to raise minimum wage for next year by 2.9 pctRead More