Next year's minimum wage set at 9,860 won

Park Joon-shik, head of the Minimum Wage Commission, exits the 15th plenary session of the commission at the government complex in Sejong, central South Korea, on July 19, 2023. The commission, composed of members from labor, business and the general public, passed a proposal to set next year's minimum hourly wage at 9,860 won (US$7.80), up 2.5 percent on-year, by a 17-8 vote with one abstention. (Yonhap)

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