Ministry of Employment: "150,000 People to Receive 4th Emergency Employment Stability Support Fund"

"Payments for 1st, 2nd, and 3rd phase beneficiaries expected to be completed by the 5th"

On the 24th, when the second emergency employment stabilization support fund payment for special employment workers and freelancers began, clients visiting the Employment Welfare Plus Center in Jung-gu, Seoul, were receiving consultations. Photo by Jinhyung Kang aymsdream@

[Sejong=Asia Economy Reporter Moon Chaeseok] The Ministry of Employment and Labor announced that it completed the payment of the 4th Emergency Employment Stability Subsidy to approximately 150,000 people on the 31st. Among those who applied for the subsidy on the Emergency Employment Stability Subsidy website from the 26th to the 28th, 151,988 people whose eligibility was confirmed received 500,000 won each. As of the 2nd, applicants must be non-subscribers to employment insurance to qualify for the subsidy. Public officials, teachers, and other employed persons are also excluded from the payment targets.

On the 1st of next month, about 40,000 people who applied on the 29th and 30th will receive the subsidy, and from the 2nd, the subsidy will be sequentially paid to eligible recipients who did not apply separately. The plan is to complete the payment of the 4th subsidy to previous recipients by the 5th.

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