Monday, February 07, 2005
Posted by Roberto
6:33 AM
0 comments
SOUTH KOREA: LABOUR UPDATE
According to the results of a survey of 6700 workplaces with five or more employees, released by the Korean Ministry of Labor, the average wage per worker was 2.18 million won (a little above USD 2180.=), up 5.4 percent from 2.07 million won in November 2003. However, the inflation-adjusted wage index only rose by 1.7 percent.
The working hours were cut by 20 minutes, down from 45.5 hours a week in November 2003. Economic growth without a significant increase in the number of jobs is likely.
Hyundai, Samsung, Daewoo, LG (Lucky Goldstar) and SK (Sunkyong), account for more than a third of the total sales of all South Korean companies and 50% of the country's exports.
Full country name: Republic of Korea
Area: 99,373 sq km
Population: 48 million
Capital City: Seoul (pop 10.3 million)
People: Korean
Language: Korean
Religion: 25% Christianity, 25% Buddhism, Confucianism, Shamanism, 50% none.
Government: republic
Major Industries: Shipbuilding, cars, machinery, electronics, chemicals, textiles
Major Trading Partners: USA, Japan, China
- Trend Hunter
- Cool Infographics
- Information Aesthetics
- Interactive Architecture
- dataisnature
- Creative Observer
- Design Spotter
- feeladdicted
- Paleo-Future
- TechCrunch
- Trendwatching.com
- Graffiti Research Lab
- t r a n i s m
- Douwe Osinga
- AudioCubes.com
- we make money not art
- Pasta and Vinegar
- Lunch over IP
- Engadget
- Unusual News/Ideas
- CScout Trendblog
- Agenda Inc. News
- digg labs / stack
- Technorati
- Robots Dreams
- gadgetblog
- Create Digital Motion