Sep 3, 2026CONTEXT
Finance Union Confirms First General Strike
The union confirmed it would proceed with a September 4 general strike after negotiations failed to resolve disputes over state-run bank relocations and working conditions. Its demands included a 4.5-day workweek, expanded youth hiring, prior consultation over headquarters relocation and higher wages.
Sources
- Finance Union to Proceed With Strike Against Forced Regional RelocationYonhap News AgencyKONews article
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OngoingSociety · Economy · 2026
Finance Union Strike and State-Run Bank Relocation Dispute
Tracking the dispute over potential regional relocation of South Korea's major state-run banks and the finance union's general strike, alongside labor demands including a 4.5-day workweek, youth hiring, wages and retirement conditions.
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