The Green Book: Current Economic Trends
Overview The Korean economy has stayed on a recovery path backed by strong exports and consumption, but investment is slowing down and uncertainties are increasing amid trade conflicts between the US and China. The economy added 3,000 jobs year-on-year in August led by construction jobs.Manufacturing jobs and service jobs fell. Young adult unemployment rose (9.4% 10.0%, up 0.6%p, y-o-y). Consumer price inflation rose 1.4 percent year-on-year in August. Consumer prices stayed stable (up 1.5% up 1.4%, y-o-y, compared with a month ago) due to electricity rate cuts, despite high prices of ...