Sunday, January 20, 2019
Unemployment benefits hit a record high last year, government data showed Sunday, in a sign of how hard it is to find a job amid the economic slowdown.
The government paid unemployment benefits worth 6.68 trillion won ($5.9 billion) to 1.39 million...
Thursday, January 10, 2019
Creating a safe environment and increasing support programs for the needy and the unemployed will be one of the key focuses this year, President Moon Jae-in said.
"The government will strive to ensure that the social safety net runs in conjunction...
Friday, December 28, 2018
Lawmakers on Thursday passed a bill to strengthen support for defectors from North Korea who settle in South Korea.
The bill will extend the time they have to apply for resettlement benefits when they arrive South Korea from one year to three....
Wednesday, December 26, 2018
South Korea said Wednesday that it will raise the monthly benefits for paid parental leave from Jan. 1 onward as part of its efforts to boost the country's chronic low birthrate. The maximum amount of monthly payment for those who take paternity...
Monday, December 10, 2018
South Korea has seen its biggest increase in the number of people claiming unemployment benefits with the combined state expenses to support job seekers expected to reach a record level, government data show.
The total number of South Koreans claiming...
Wednesday, October 3, 2018
A contribution of US$1.5 million from the Republic of Korea will enable the United Nations World Food Programme (WFP) to provide cash assistance to some 68,000 vulnerable displaced Iraqis through electronic cash cards and mobile money transfers. WFP...
Monday, April 9, 2018
To combat the high rate of youth joblessness, the South Korean government has announced plans to pump an additional S$5.1 billion into the economy. Of that amount, S$3.6 billion will come in the form of wage subsidies for small and medium businesses....
Tuesday, December 5, 2017
SEOUL (The Korea Herald/ANN) - ILO estimates showed that only 29 per cent of the global population are covered by comprehensive social security systems that include the full range of benefits, from child and family benefits to old-age pensions.
Only...
Thursday, August 10, 2017
The government will expand its state welfare subsidy program for some 890,000 people in the lowest income bracket beginning next year. The ministry will help about 930,000 such elderly with daily expenses, housing and medical expenses over the next three...
Wednesday, August 3, 2016
While opposition lawmakers push to expand benefits, the poorest among the elderly still suffering
