The Green Book: Current Economic Trends
Overview The Korean economy has seen inflation and employment remain stable, but major indicators appear tepid due, in part, to temporary factors such as labor strikes and typhoons. In August 364,000 jobs were added on a yearly basis mainly in manufacturing and service jobs, leading to a stable employment rate and jobless rate. Though typhoons drove up the prices of agricultural products, consumer prices in September stabilized within a 2 percent range on the back of stable core inflation (1.4%) and lower expected inflation (3.6% - 3.4%). Mining and manufacturing production slid 0.7 pe...