Yang Kyung-su, Chairperson of the Korean Confederation of Trade Unions (KCTU), holds hands with Yoo Choe-an, a union member of Hanwha Ocean's subcontractor branch, during the plenary session held at the National Assembly on the 24th, watching the passage of the Yellow Envelope Act. /News1

A revised labor union law, known as the so-called "yellow envelope law," has passed the National Assembly, and a survey has shown that more people believe this law will have negative impacts on our economy than those who think it will have positive effects.

In a survey conducted by Korea Gallup on 1,000 people aged 18 and over nationwide from the 26th to the 28th and released on the 29th, when asked, "What impact do you think the yellow envelope law will have on Korea's economy?" 42% of respondents answered, "Negative impact." "Positive impact" was 31%, and "No impact" was 10%.

When asked about opinions on the yellow envelope law, 42% of respondents said they "support" it, while 38% said they "oppose" it. Among progressives, 71% supported it, while 66% of conservatives opposed it. The centrist group's results showed 42% in favor and 38% opposed.

By age group, the opinions among people in their 20s and 30s are similar in support and opposition. In the 40s to 50s age group, support exceeds 50%, while in those aged 60 and above, opposition approaches 50%.

Among respondents supporting the yellow envelope law, 67% expect this law to positively affect the economy. The response expecting negative effects was 9%. Conversely, 93% of respondents opposing the yellow envelope law believe it will negatively impact the economy.

The yellow envelope law passed the National Assembly on the 24th. This legislation has expanded the scope of strikes that unions can conduct to include "management's key decisions" that affect "labor treatment." Claims for damages by corporations are allowed only in exceptional cases of illegal or violent acts. It also includes provisions to expand the scope of users so that subcontracted employees can negotiate with the primary contract companies. The yellow envelope law will take effect six months after its promulgation.

This survey was conducted using random sampling of virtual phone numbers through telephone interviews with surveyors. The margin of error is ±3.1 percentage points at a 95% confidence level, the contact rate is 45.8%, and the response rate is 11.8%. Detailed information can be found on the website of the Central Election Survey Deliberation Committee.

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