The Green Book: Current Economic Trends
Overview Although the employment situation has been steadily improving and inflation has slowed down, led by stabilizing prices of agricultural products, the Korean economy has shifted to a decline in terms of real economic indices such as production, consumption, and investment. Employment in April continued to improve, adding 379,000 jobs, with hiring in manufacturing and service sectors steadily increasing, while both the employment and unemployment rates showed better figures year-on-year, landing at 59.3 percent and 3.7 percent, respectively. Consumer prices in May decelerated a r...