'Strike After 14 Years' Daejeon City Bus Labor-Management Negotiations Reached Agreement (Update)

[Image source=Yonhap News]

[Asia Economy Reporter Kim Ji-hee] The Daejeon city bus union, which went on strike for the first time in 14 years, and the Daejeon Transportation Business Association, representing the employers, reached an agreement on key issues on the afternoon of the 30th. The strike also ended after just one day.

According to Daejeon City, both parties resumed negotiations in the union meeting room that afternoon and discussed the main points of contention. The issues included payment of allowances to union members who do not work on paid holidays, a 500,000 won settlement encouragement bonus, and extension of the retirement age. After reaching an agreement on these issues, it is reported that they are currently drafting the agreement.

The union began the strike at 5:30 a.m., the time of the first bus departure. This was the first strike of Daejeon city buses in 14 years since 2007.

Since 2005, the city has implemented a quasi-public bus system, entrusting bus operations, vehicle, and labor management to private companies, while covering operational deficits with city finances. Due to a sharp decline in public transportation users caused by the COVID-19 pandemic last year, transportation revenue decreased, and the city injected 100 billion won of financial support using 'citizens' tax money,' but the union still proceeded with the strike.

This content was produced with the assistance of AI translation services.