Unemployment insurance fund payouts rose to US$ 5.8 bil. in 2018
- 5 years ago
지난해 구직급여 지급액 6조원 돌파
Rising youth unemployment and layoffs due to increases in Korea's minimum wage..... have contributed to a sharp spike in payouts from the country's unemployment insurance fund.... which assists individuals who have lost their jobs.
Data released by the Ministry of Employment and Labor shows.... nearly 5-point-8-billion U.S. dollars was paid out in 2018... up 28-and-a-half-percent from the previous year.
The number of unemployment insurance recipients also rose by nearly four-percent to a combined.... 13-point-4-million in December... most of them from the construction sector.
Rising youth unemployment and layoffs due to increases in Korea's minimum wage..... have contributed to a sharp spike in payouts from the country's unemployment insurance fund.... which assists individuals who have lost their jobs.
Data released by the Ministry of Employment and Labor shows.... nearly 5-point-8-billion U.S. dollars was paid out in 2018... up 28-and-a-half-percent from the previous year.
The number of unemployment insurance recipients also rose by nearly four-percent to a combined.... 13-point-4-million in December... most of them from the construction sector.