President Moon Jae-in said on July 19 of a controversy surrounding the minimum wage hike, "We will decide whether to go on after watching how it turns out." In a luncheon meeting with the heads of four opposition parties in Cheongwadae (Presidential Palace), Moon said, "I am concerned about possible side effects of the hike in minimum wage. My policy team will keep mending and revising the rules until the end of this year."
Lee Hye-hoon, head of the Bareun Party, said in a press briefing held after the meeting, "I suggested to the President that we are in agreement with the principles of raising the minimum wage level and switching temporary workers to regular ones but he must be more cautious when it comes to its speed and the way it's done. To this he replied he would keep going on in this way for about one year and see what happens afterward."
The President said in the meeting, "The government followed up with measures for small business owners who are hard-pressed to keep up with paying higher wages. The National Assembly must support the administration with related bills." Earlier on July 16, the government's minimum wage commission decided to raise the minimum wage level 16.4 percent to 7,530 won per hour from 6,470 won.
As for the issue of the rising number of temporary workers, he remarked, "What the government can do about it is giving incentives to the private sector. When it comes to institutional issues, the National Assembly must come up with measures."