The recent increase in South Korea’s minimum normal retirement age has done little to improve the labor-market outlook. Wages in the small and medium-size enterprises (SMEs) that employ 88% of workers still lag behind those of major conglomerates, the chaebols; and the middle class is shrinking in terms of its share of earnings.
最近，韩国提高了最低正常退休年龄，但这对改善劳动力市场前景来说只是杯水车薪。中小企业雇用了88%的工人，但其薪水远低于财阀（大型集团公司），中产阶级占国民收入的比重也在下降。