The “work-life balance” sought today is far removed from the experience of parents and grandparents.
SEOUL, South Korea — It was an extraordinary outburst by one of South Korea’s most famous sons.El Pais when asked whether the notoriously intense training regimens for the stars of K-pop, the country’s world-conquering musical genre, were excessive.
In a nation where those in the C suites agonize over rigid labor regulation, Mr. Yoon portrays the proposed increase as giving employees the option to work longer if they wish — hours they can take off later. He also wants to ease employment burdens on the mom-and-pop businesses that represent the bottom rung of this top-heavy economy: restaurants, educational “cram” schools, convenience stores, taxi services and the like.
In the face of the backlash and global headlines generated by the 69-hour proposal, Mr. Yoon backtracked slightly and ordered the Labor Ministry to consider the views of millennials as it weighed how to implement the change. “The Koreans came up from nothing. … They worked 84 hours a week with no overtime for more than a decade,” Berkshire Hathaway Vice Chairman Charlie Munger
After overcoming the trauma of the Asian financial crisis of 1997, South Korea surged economically. Today, it boasts global megabrands such as Samsung and Hyundai, sparkling high-tech infrastructure, and a globally admired popular culture. Young South Koreans mockingly talk of “Hell Joseon” for their stressed lives and worry about the concept of “gwarosa” —“death from overworking.” South Korea has the highest suicideYounger Koreans are giving up on bearing children, leaving Korea with the world’s lowest fertility rate — 0.78 children on average per woman — and a looming demographic crisis. The government has even pitched the 69-hour maximum workweek as, paradoxically, a way to give young couples more time to start families.
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