What is one reason South Korea’s job market is described as “rigid”?
Labor laws make it hard to dismiss workers
Name one country mentioned in the article that has run successful pilot programs for shorter workweeks.
Iceland, France, UK, or US
How does South Korea’s annual working hours compare to the OECD average?
149 hours more / year
How many hours did South Koreans work on average in 2022, according to the article?
1,901 hours
What is one of President Lee Jae Myung’s campaign pledges mentioned in the article?
4.5-day workweek
What concern did Sohn Kyung-shik express about the 4.5-day workweek?
It would be a strain for many companies
What is one structural issue in South Korea’s labor market mentioned in the article?
Dual labor market or low service sector productivity
What other reform does President Lee propose alongside the 4.5-day workweek?
Abolishing the inclusive wage system
What percentage of South Korean workers work more than 48 hours per week, according to the Federation of Korean Trade Unions?
17%
According to Yulchon, what must improve for a 4.5-day workweek to be sustainable?
Labor productivity
How did South Korea rank in labor productivity among OECD countries in 2023?
33rd out of 38
What percentage of salaried workers in the Remember survey preferred a four-day workweek?
7 in 10 / 70%