Surprise Me!

Economic recovery extends for 8 months amid growing uncertainties

2018-07-13 196 Dailymotion

정부, 8개월째 '경제회복흐름' 판단…"불확실성 확대" 우려<br /><br /> The government's latest economic report shows continued rise in industrial output and strong exports. <br />But there are some concerns over the weak employment figures and the risk of collateral damage from the U.S.-China trade war.<br />Won Jung-hwan help us look beyond the numbers. <br /> <br /> South Korea's economy has been on a steady rise for 8 straight months on the back of a rebound in industrial output. <br /><br />According to the government's monthly economic "Green Book" report,… South Korea's overall industrial output rose 0-point-3-percent on-month in May, following the previous month's 1-point-5 percent gain. <br /> The country's exports have exceeded 50 billion U.S. dollars a month for four consecutive months despite rising oil prices and interest rate hikes in the United States. <br /><br />But the latest economic forecast highlighted increasing uncertainties stemming from a sluggish job market and the growing trade spat between China and the U.S.<br /> The number of newly added jobs still remains in the one-hundred-thousand range for five straight months in June, the worst it's been since last decade's financial crisis,... keeping the employment rate at just 67-percent,... unchanged from the same period in 2017. <br /><br /> And uncertainties have increased over the trade conflict between the U.S. and China, Korea's two largest trading partners,… and the impact that dispute could have on Korean exports.<br />Won Jung-hwan, Arirang News. <br />

Buy Now on CodeCanyon