AssessmentsSep 20, 2023 | 18:50 GMT
The Risks and Rewards of Yoon's Anti-Union Stance in South Korea
In South Korea, President Yoon Suk Yeol's anti-union policies could bolster conservatives in upcoming elections and help the economy weather a downturn, but they raise the possibility of violent clashes and supply chain disruptions. On Sept. 14, the Korean Rail Workers' Union (KRWU) launched a four-day strike, its first strike in four years, to demand better working conditions. The strike reduced passenger and freight train operations by 20-30% over the weekend, though national railway operator KORAIL mobilized labor to maintain 70% commuter train capacity during rush hours.
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