Xinhua
29 Jan 2026, 10:15 GMT+10
SEOUL, Jan. 29 (Xinhua) -- South Korea's real wage, adjusted for inflation, rose for the second straight month amid a continued increase in nominal wage, labor ministry data showed Thursday.
The per-capita nominal monthly average wage in businesses with one or more regular employees gained 4.1 percent from a year earlier to 3.955 million won (about 2,774 U.S. dollars) in November 2025, keeping an upward trend since August last year, according to the Ministry of Employment and Labor.
The real monthly wage grew 1.6 percent in November on a yearly basis, slower than an expansion of 4.7 percent in the previous month.
The consumer price inflation hovered around the central bank's inflation target of 2 percent in recent months, with 2.1 percent in July, 2.1 percent in September and 2.4 percent in November.
The monthly average working hours per employee in the businesses dipped 3.8 percent to 153.2 hours in November compared to the same month of 2024.
The water supply, sewage and waste management, and materials recovery industry recorded the longest monthly working hours of 168.9, followed by the manufacturing sector with 168.5 hours.
The construction industry logged the shortest working hours of 129.7 in the cited month.
Get a daily dose of Breaking Property News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.
More InformationLOS ANGELES, California: Three of the world's largest social media companies are set to face a jury in Los Angeles this week in a closely...
HOUSTON, Texas: A powerful winter storm disrupted U.S. energy production and power systems over the weekend, knocking out as much as...
NEW YORK, New York - U.S. stocks remained directionless Wednesdfay after the FOMC meeting of the Federal reserve decided to leave interest...
WASHINGTON, D.C.: American workers are incorporating artificial intelligence into their jobs at a rapidly accelerating pace, with a...
PARIS/MILAN: As Europe's media sector consolidates to counter the growing dominance of U.S. streaming platforms, French broadcaster...
SEOUL, South Korea: Samsung Electronics is preparing to begin production of its next-generation high-bandwidth memory chips as early...
New Delhi [India], January 24 (ANI): India's residential real estate market entered a phase of normalisation in 2025, with housing...
SEOUL, Jan. 29 (Xinhua) -- South Korea's real wage, adjusted for inflation, rose for the second straight month amid a continued increase...
San Diego homebuilding still lags the region's population growth
Driver pleads not guilty in hit-run death of 6-year-old in PB
Cause of death pending for man who died in police custody
Anti-trafficking sting nets 105 arrests across county
