Korean labour market not as healthy as it looks

At face value, the Korean labour market figures for December paint an encouraging picture, with total employment rising to a new record high. However, a detailed examination of data reveals just how dependent the labour market has become on government support, which may not be sustained if the opposition PPP win March’s presidential election.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.