Toughing it out

Article Abstract:

The level of unemployment in South Korea is offocially 6.2% but there are many people who are not registered since they have despaired of finding work, and a number of families have become destitute. The government promised to improve the safety net to protect those who lost jobs as a result of restructuring, but the conglomerates still need further restructuring, and inequality is worsening. There have been protests over contribution levels to a new pension scheme, which have led to some changes. Discontent has become a worry for the government.

Economic Programs, Administration of Economic Programs, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Income Security, South Korea, Economic policy, Social policy, Domestic economic assistance

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This may hurt: Sweden

Article Abstract:

The center-right coalition government in Sweden is being challenged by those upset with its plans to cut spending and reduce its budget deficit. The coalition could ally with the New Democracy party to give it a majority, but that may prove impossible.

Economic aspects, Sweden, Coalition governments, Budget deficits

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