The Labor Party (Korean: 노동당) is a democratic socialist political party in South Korea.

Presidential elections were held in South Korea on 9 March 2022. Under the South Korean constitution, presidents are restricted to a single five-year term, meaning that incumbent president Moon Jae-in was ineligible to run for a second term. Opposition candidate Yoon Suk Yeol of the People Power Party won the election, defeating candidate Lee Jae-myung of the incumbent Democratic Party.