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Moon meets with labor leaders, raises hope for normalization of social dialogue

All News 17:04 July 03, 2018

SEOUL, July 3 (Yonhap) -- President Moon Jae-in met with the leaders of the country's two largest umbrella labor organizations Tuesday, raising hope for full normalization of a three-way social dialogue among the government, labor and business.

Moon's meeting with Kim Joo-young, leader of the Federation of Korean Trade Unions (FKTU), and Kim Myoung-hwan, leader of the Korean Confederation of Trade Unions (KCTU), took place on the sidelines of a ceremony to launch a preparatory committee for events commemorating next year's 100th anniversary of the 1919 nationwide uprising against Japan's colonial rule, sources said.

Details of the meeting were not made public, but the three sides were believed to have discussed ways to normalize the three-way dialogue on minimum wage that has been crippled by the labor side's boycott in protest of the government's revision of the minimum wage act.

The FKTU has agreed to return to the dialogue, but the KCTU is still refusing to do so.

Labor groups have strongly complained the revision of the minimum wage act, arguing that it offsets the effect of a rise in the legal wage threshold by including bonuses and benefits into its calculation.

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