SeoulMarkets · tag
inequality
2 stories tagged “inequality”, each from official Korean data with its source and timestamp.
Taxes and transfers nearly halve Korea's income gap
Korea's income gap before tax barely moved in seven years — the top-to-bottom ratio sat near 11. After taxes and transfers it drops to about 5.8. The real story is the gap between market and disposable income, not either number alone.
Korea's temp workers earn 39% of what regular staff make
A temp or daily worker's monthly pay has held near 40% of a regular employee's since 2011 — 1.74m won against 4.47m in 2025. It has barely moved.