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Next year's minimum wage set at 8,720 won in 1.5 pct on-year increase

All News 02:20 July 14, 2020

SEJONG, July 14 (Yonhap) -- A national commission on Tuesday set next year's minimum wage at 8,720 won (US$7.25), an increase of 1.5 percent from this year.

The decision came during the ninth plenary meeting of the Minimum Wage Commission, which is affiliated with the labor ministry.

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