Job seekers to get increased benefits, but few will qualify
Social affairsOct 6, 2015
South Korean job seekers will receive higher unemployment benefits for a longer period, but fewer will qualify for the benefits after the National Assembly passes a newly revised labor law. According to the Labor Ministry’s latest report on the bill, the government aims to raise a job seeker’s unemployment allowance to 60 percent of his or her previous income before losing the job, from the current 50 percent. Once qualified, the job seeker would be able to receive the allowance for 120 to 270 d