Thursday, March 18, 2021
South Korea’s unemployment allowance payment hit a five-month high in February, surpassing 1 trillion won (US$884 million) again.
Friday, December 11, 2020
Child poverty is expected to remain above pre-COVID levels for at least five years in high-income countries globally, a likely increase on the one in six Australian children living below the poverty line. Yet, only 2 per cent of government-provided...
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Wednesday, July 8, 2020
President Moon Jae-in on July 7 said, "We’ll prepare a roadmap to eliminate employment insurance blind spots by the end of the year." In a Cabinet meeting, he said, "The government will do all it can to support employment retention and the survival of...
Wednesday, February 12, 2020
The ruling Democratic Party of Korea (DPK) has pledged to introduce unemployment insurance for artists so they can continue their work without having to worry about financial constraints. The decision comes hot on the heels of Bong Joon-ho's recent...
Wednesday, October 23, 2019
The Seoul city government said Wednesday it will more than quadruple the number of recipients of its monthly youth employment promotion subsidy and create a new housing rent subsidy for young people next year. Under the new youth welfare policy...
Tuesday, May 28, 2019
The number of South Koreans applying for unemployment benefit (also dubbed job seekers’ allowance) have rapidly increased in the wake of widespread small business closures and rising jobless rates. According to the Ministry of Employment and Labor, the...
Sunday, May 5, 2019
The money is aimed to support over the coming two years 30,000 of the most vulnerable Afghan refugees living in settlements in the Islamic Republic of Iran. According to WFP Representative in Iran, Negar Gerami, the Republic of Korea remains WFP’s top...
Tuesday, April 9, 2019
The number of people covered by state-run employment insurance showed the sharpest increase in South Korea in seven years in March thanks to the government’s pro-labor policy to enhance welfare of the workers. The Ministry of Employment and Labor...
Friday, March 15, 2019
The government will increase the nation's unemployment benefit payouts by more than 16 percent in the second half of the year, the Ministry of Employment and Labor said Friday. The ministry said it will raise the amount and duration of unemployment...
Monday, February 11, 2019
State benefit to subsidize living expenses for people between jobs hit an all-time high of 625.6 billion won ($557.2 million) in January in South Korea amid worsening job situation.
According to data released by the Ministry of Employment and...