Help us by filling out this quick price survey

Take Survey
South Korean subway workers went on strike, aggravating troubles from trucker's walkout

South Korean subway workers went on strike, aggravating troubles from trucker's walkout

Posted on December 5, 2022   |  

  • For the first time since 2016, workers at South Korea's primary subway operator, Unionized staff at state-run Seoul Metro went on strike, which is straining the country due to a walkout by truckers.
  • They are demanding the government cancel plans to shrink the workforce and instead hire more staff to improve safety. 
  • South Korea is facing a supply-chain disruption driven by strikes from truck drivers which adds pressure amid soaring living costs and slowing exports.
  • More and more drivers join the protest and with the participation of tank lorry drivers, the inventory for gasoline at local gas stations is running low.
  • Earlier this week, the government issued the return-to-work order that summons a 2004 law holding penalties of up to 3 years in prison for offenders or a fine of up to 30 million won ($22,500).
  • The trucker's strike over minimum pay is causing 300 billion won ($224 million) in losses daily and disrupting industrial activity when Asia's 4th-largest economy expects a recession in the growth of 1.7% next year.