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Unskilled jobs hit record low, in blow to those on low incomes

The number of people employed in blue-collar jobs saw the biggest decline since the 1998 financial crisis in 2023 due to a slump in manufacturing, data showed. According to Statistics Korea's National Statistics Portal on Monday, 3.92 million people worked in low-skilled, manual-labor jobs last year, 118,000 fewer than the previous year, representing a 2.9 percent drop. This is the largest decline since 2013, wh.

Not just pay, SME workers lag behind in benefits, too

The welfare benefits offered to employees at small to medium companies were around one-third of those provided by major corporations last year, amid widening gaps between the two groups, government data showed Monday. Smaller companies with less than 300 employees provided nonstatutory welfare benefits, also called fringe benefits, averaging 136,900 won ($105) per month as of the end of last year, according to data c.

Analysis: South Korean inflation raises risk of widening worker unrest

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