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Permanent Jobs Disappear from South Korea
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Permanent Jobs Disappear from South Korea

Our Correspondent
Nov 03, 2011
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Permanent Jobs Disappear from South Korea
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Before the financial crisis of 1997-98 in East Asia, there was no word in the Korean language for “irregular worker” – workers with no guarantees of job security or promotion, working on short-term contracts.

Permanent jobs were the norm until the tumult of the late 1990s (invariably referred to as “the IMF crisis” by South Koreans) set in motion changes…

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