Business · Economy · 1 hr ago

Companies received about 80% of South Korea’s income growth

Companies received about 80% of South Korea’s income growth

Companies received about 80% of South Korea’s national income growth in the first half of this year.

Workers received 16.5% of the increase.

These figures describe how the added income was divided, not each group’s total income.

The gains came during a semiconductor boom, but the benefits appear to have gone mainly to some companies.

That suggests the growth has not spread widely to households.

The figures cover the first half of the year; no further developments are stated.

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