[Breaking News] Labor Sector Proposes Initial Minimum Wage Demand of 10,800 Won for Next Year

Members of the Korean Confederation of Trade Unions, including minimum wage committee members, are holding a press conference to announce the "2022 Minimum Wage Increase and Walk Rally to Overcome the Structure of Inequality" on the 23rd at the fountain in front of the Blue House in Jongno-gu, Seoul. They stated, "The suffering of low-income groups has intensified due to COVID-19, and inequality and polarization are worsening. The top policy priority to overcome this is a 'significant increase in the minimum wage.'" Photo by Kim Hyun-min kimhyun81@

[Sejong=Asia Economy Reporter Moon Chaeseok] On the 24th, the labor unions proposed an initial demand for next year's minimum wage of 10,800 won. This is the highest amount ever.

The Korean Confederation of Trade Unions and the Federation of Korean Trade Unions announced this unified proposal at a press conference ahead of the 5th plenary meeting of the Minimum Wage Commission to be held at the Government Complex Sejong on the same day.