Industrial output report on Friday, industrial output, consumer spending and corporate investment in June significantly improved. When compared to the previous month, all three increased, the first on-month increase in six months.
In the first five months of the year, the number of deaths in Korea increased 2.5 percent on-year, according to Statistics Korea.The statistics agency said it could not yet determine whether the increase is the result of Covid-19 or not.
Koreans 65 and above did surprisingly well during the pandemic in terms of employment, the age group being the only cohort in which employment increased in May. But when the definition of old is expanded to include 55, employment dropped.
The number of people studying for jobs in May hit 804,000, a record for the statistic, which has been compiled since 2006. The May figure is up 12.6 percent from the same month a year ago, due to coronavirus impact on the job market
In 2019, 717,000 exited the country, an 8.8 percent increase and an all-time high. Those entering Korea totaled 749,000, down 8.4 percent. The net increase was 32,000, down from a record 124,000 gain in 2018.
The population of greater Seoul, which includes Incheon and Gyeonggi, is expected to exceed the population of the rest of the country this year.
With single households now approaching one-third of the total, the tendency for welfare programs and company benefits to favor the married is becoming ever more noticeable, and possibly a social issue.
Yoo Gyeong-joon headed Statistics Korea from 2015 to 2017 under President Park Geun-hye and for a few months under President Moon Jae-in. He lost favor with the presidential office as he stood firm against compromising data to make the government...