Korea Found to Work Longest Hours Among OCED Members with Medium-range Wage
New figures show that Koreans work the longest hours among the OECD member countries while the wage levels are in the middle range.
The Ministry of Strategy and Finance released a report on the labor situation and noted that the average work week amounted to 44.6 hours, placing Korea on top of the OECD's 34 member countries.
But the annual average wage was 35 thousand 406 dollars meaning Korean workers received a medium-sized wage.
The ministry recommended that small and mid-sized companies should invest more to create new jobs and the retirement age should be increased since most workers now retire at age 53.
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