Minister of Indigenous Relations Rick Wilson issued the following statement on support for survivors and loved ones of the Indian residential school system:
Fear of mass corporate outflow, job loss escalating in Korea
Posted : 2021-06-01 15:39
Updated : 2021-06-01 16:48
Job seekers gather at a Seoul employment welfare center before the beginning of a briefing on unemployment allowances in this July 15, 2020 file photo. Yonhap
By Lee Min-hyung
Major Korean conglomerates big investment plans for the United States are prompting concerns over the job market here, which critics argue may end up raising the youth unemployment rate unless the government applies appropriate and required measures against possible mass corporate outflow.
The country s top-four conglomerates ― Samsung, SK, Hyundai and LG ― are planning to invest up to 44 trillion won ($39.79 billion) in producing semiconductors, batteries and electric vehicles in the world s largest economy. The announcement was made on the sidelines of President Moon Jae-in s first face-to-face summit with U.S. President Joe Biden at the White House last week.
JBS canceled shifts at large U.S. and Canadian meat plants on Tuesday after the company was hit by a cyberattack over the weekend, threatening to disrupt food supply chains and further inflate food prices.
Cable TV operators seek permission to work during lockdown
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Cable TV operators have appealed to the government to consider permitting cable TV staff to work during the lockdown.
The operators made a representation on Tuesday, pointing out that people watched TV at home, for news as well as for entertainment. Students were also taking online classes. Since the public need to be provided unhindered cable service, the government should amend rules to enable the cable staff do their work, the operators said.