Opposition Controlled Parliament Passes Bill Limiting Employers Compensation for Illegal Strikes By Unionized Workers
The Korean left has struck back at the Yoon administration which is trying to reel in the violent and pro-North Korean KCTU:
Business associations expressed deep concern, Tuesday, over the opposition-led passage of the so-called “yellow envelope” bill, which limits employers’ claims for compensation against losses caused by labor strikes.
Korea Times
Critics say the bill will encourage irresponsible and reckless collective actions by the country’s labor unions.
Korea’s militant labor unions have been and will continue to be the primary and strongest deterrent to foreign investors who otherwise would not hesitate to commit to long-term investments in Korea, the lobby groups said.
The bill will be made into law, if it is tabled and passes with a majority vote during a plenary session.
You can read more at the link, but the opposition parties are likely setting the stage for the KCTU to conduct large strikes in the future to damage the Korean economy. This is likely to put pressure on the Yoon administration to stop the investigations into the KCTU.
