The Green Book: Current Economic Trends
Overview The Korean economy has seen inflation decelerate, employment expand and real economic indicators slightly improve, but economic uncertainties are growing along with falling coincident and leading indicators. The employment rate in May stood at 60.5 percent, up from Aprils 59.7 percent, and the jobless rate fell to 3.1 percent from 3.5 percent in April as the economy continues to add more than 400,000 jobs. Consumer prices in June stayed within a 2 percent range for the fourth consecutive month, while core inflation has been in a steady downward trend at 1.5 percent in June, do...