President Lee Jaemyung: "Labor Market Polarization Entrenched, Fundamental Change Needed"

President Lee Jae Myung is presiding over the 6th Senior Secretary and Aide Meeting held at the Yongsan Presidential Office Building in Seoul on the 31st. Photo by Yonhap News

President Lee Jaemyung received a report on July 31 regarding the current state of labor market polarization, including wage disparities, and instructed the preparation of countermeasures.

Presidential spokesperson Kang Yujeong stated at a briefing at the Yongsan presidential office that "an assessment and discussion of labor market polarization took place during a closed senior aides meeting." At the meeting, Presidential Secretary for Social Affairs Moon Jinyoung gave a presentation on the concept and actual conditions of labor market polarization. According to spokesperson Kang, an in-depth discussion followed on the structural disparities in working conditions that occur between contractors and subcontractors.

According to spokesperson Kang, President Lee stated, "Labor market polarization has become entrenched over a long period," and emphasized that "fundamental changes and legislative efforts must be made to lead policies that address the issue of identical labor receiving different treatment."

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