[News Focus] Jobless rising fastest among 40-somethings
Social affairsJan 17, 2019
SEJONG – With the 2018 GDP growth rate estimated to be stuck at about 2.7 percent, concerns and uncertainty are growing among middle-aged salaried employees.Weakening profitability and lackluster business confidence for the coming months have led more enterprises to cut their payrolls. Over the past decade or more, companies’ main solution for difficulties has been to reduce costs through voluntary redundancy programs. Early retirees are usually paid a lump sum in addition to statut