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S. Koreans Work Second-Longest Hours in OECD

Written: 2017-08-16 09:17:20Updated: 2017-08-16 09:26:10

S. Koreans Work Second-Longest Hours in OECD

Recent data shows that South Koreans work the second-longest hours among advanced nations.
 
According to labor data from the Organization for Economic Cooperation and Development(OECD) on Wednesday, South Koreans worked two-thousand-69 hours last year on average. 
 
This is 306 hours longer than the 35-member OECD average of one-thousand-763 hours. Mexico was the only country ahead of Korea where the average stood at two-thousand-555.
 
Based on the legal working hours of eight hours a day, South Koreans worked 38 days more than their peers in other OECD countries. Assuming that a person works 22 days a month, South Koreans worked one-point-seven months more than their OECD counterparts.
 
South Korean workers' average real income last year was 32-thousand-399 dollars based on purchasing power parity or 75 percent of the OECD average.
 
The hourly rate was 15 dollars and seven cents an hour, two-thirds of the OECD average, which was 24 dollars and three cents. 
 
 

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