Labor side lowers proposed hourly minimum wage for next year to 11,700
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Source: South Korea
Published: 2026-07-02 20:42 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Labour & Workers, Business & Economy
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Snippet:
SEOUL, July 2 (Yonhap) -- The labor side revised down its proposed hourly minimum wage for next year to 11,700 won (US$7.56) during ongoing wage-setting negotiations Thursday, still higher than the business side's proposal.
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