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S. Koreans Work Second-Longest in OECD

Written: 2016-08-15 13:47:44Updated: 2016-08-15 13:52:25

S. Koreans Work Second-Longest in OECD

The Organization for Economic Cooperation and Development(OECD) says South Koreans work the second-longest among OECD members.
 
Mexico was the only country ahead of South Korea.
 
According to the OECD's Employment Outlook report for 2016, South Koreans with jobs worked two-thousand-113 hours on average in 2015. This is 347 hours more than the average for the 34 members of the OECD.
 
Based on the legal working hours of eight hours a day, South Koreans toiled 43 more days than the average OECD worker. Assuming that a person works 22 days a month, South Koreans worked two months more than their OECD counterparts.
 
South Korean workers' average real income last year was 33-thousand-110 dollars based on purchasing power parity or around 80 percent of the OECD average.
 
The hourly rate was 15 dollars 67 cents an hour, two-thirds of the OECD average, which was 23 dollars and 36 cents. 

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