Small Businesses Resist Further Minimum Wage Hike

Chosun Ilbo | Jul 3, 2020 at 3:06 PM
  • Small businesses are up in arms over a 16.4-percent minimum wage hike demanded by labor groups for next year despite the devastation wrought by the coronavirus epidemic.
  • Also threatening the livelihood of small businesses is the sharp increase of online shopping in lockdown.
  • 92 percent of small businesses still rely on offline channels for sales.