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

Kwon Soon-won, an economics professor at Sookmyung Women's University who represents the general public at the Minimum Wage Commission, is seated during the commission's 15th plenary session 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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