Yangcheon-gu to Provide 1.5 Million KRW Employment Retention Support Fund for Unpaid Leave Workers

For Workers Employed at Companies with Fewer Than 50 Employees in the Region

From July 1, 2022 to April 30, 2023, up to 1.5 million KRW will be paid to those on unpaid leave for 7 or more days per month

Applications accepted from April 3 to April 30 via visit, email, fax, or mail

Yangcheon-gu (District Mayor Lee Gijae) announced the launch of employment retention support to help stabilize the economic livelihood of workers on unpaid leave who are struggling due to the economic downturn.

The "Unpaid Leave Worker Employment Retention Support Fund" is a city-district cooperative project aimed at preventing unemployment and supporting the livelihood of workers on unpaid leave as part of policies to revitalize the local economy.

The support targets workers employed at companies with fewer than 50 employees located within the region, and those who have taken unpaid leave for 7 or more days per month during the period from July 1, 2022 to April 30, 2023 are eligible to apply.

Selected recipients will receive 500,000 KRW per month for up to 3 months, totaling a maximum of 1.5 million KRW. However, employment insurance must be maintained until May 31.

Employers or workers wishing to apply for the support fund should prepare the following application documents: ▲application form ▲business registration certificate ▲employment insurance workplace acquisition list (for workplace) ▲copy of the worker’s bankbook ▲consent forms for corporate and personal information processing, and visit the Job Plus Center on the 4th floor of Haenuri Town in Yangcheon-gu. If visiting in person is difficult, applications can also be submitted via the responsible person’s email, registered mail, or fax.

Meanwhile, the district has provided a total of approximately 1.3 billion KRW in employment retention support funds over four rounds since 2020 to prevent unemployment among small business workers on unpaid leave who have been affected by COVID-19 and the economic downturn.

Lee Gijae, Mayor of Yangcheon-gu, stated, “When small business owners, who are the core of economic activity, face financial difficulties, it has a significant negative impact on the national economy as a whole,” and added, “We hope this project will provide economic relief to small business owners and workers struggling due to the prolonged economic downturn.”

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