Despite economic uncertainties and political turbulences in the world, Korea’s growing labor market still appeals to foreign employers as an attractive destination for business. Korea’s employment rate reached a record-high of 69.5% in 2024, with the number of employed persons projected to grow by nearly 120,000 this year. In this thriving economy, the Korean government’s amendments to different sectors of the Korean labor laws reflect a strategic move to further instigate this growth. As a foreign employer, it is therefore crucial to stay informed of the most recent updates to the labor laws in navigating the Korean legal landscape.

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