economy

Not Working Pays More Than Working in South Korea

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Split scene showing a person relaxing at home with a higher government benefit payment on their phone on the left, versus the same person exhausted at an office desk with a lower paycheck on the right, representing South Korea unemployment benefit exceeding minimum wage take-home pay

In 2026, South Korea has an unemployment benefitproblem that sounds like a joke — but isn’t. If you’re unemployed in South Korea right now,the government pays you ₩1,981,440 per month. If you’re working full-time at minimum wage?Your take-home pay is ₩1,947,880 per month. You read that right. In South Korea,not working pays more than working. … Read more