south koreas back wages hit 5year high in 2014
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

South Korea's back wages hit 5-year high in 2014

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Arab Today, arab today South Korea's back wages hit 5-year high in 2014

South Korean army soldiers
Sejong - Yonhap

The amount of overdue wages in South Korea reached a five-year high in 2014 due to a prolonged economic slowdown, government data showed Monday.
According to the labor ministry data, local employers had not paid about 1.32 trillion won (US$1.2 billion) to 293,000 workers across the nation as of the end of last year, an increase of 9.8 percent and 10.6 percent, respectively, from a year earlier.

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