All about strike

- Labor unions under the umbrella of Korean Confederation of Trade Union steps up its labor struggles in Ulsan and Pohang. In Ulsan, the KCTU led the sit-in of 30,000 unionists from 25 labor unions while strikes in Posco do not show any sign of abating. The public increasingly frets over a series of strikes led by the KCTU since ordinary people think the reason behind the walk-out is not legitimate enough to cause such damages to the economy.

- Labor strike of four automobile companies, Hyundai, GM Daewoo, SSangyoung, and Kia, is putting car exports under severe restraint as companies are having hard time in supplying cars to be exported. If the strike goes on, it is expected to have negative impact on the overall economic performance this year.

- As people are growingly uneasy about violent labor strike, some criticize the government for its lackluster response and the absence of law and enforcement. A person in the financial circle says, “I feel frustrated to see the way the government and the police respond to the incident.” “It is time (for the government) to show by action whether it be mediation or exercise of power.”

- Hospital unions are likely to stage a sit-it as early as July 21, raising concern over inconvenience for patients.