S. Korea's real wage falls for 2nd month in May

NAMPA / Xinhua

2026-07-30

SEOUL, July 30 (Xinhua) -- South Korea's real wage, adjusted for inflation, fell for a second successive month in May amid faster inflation, labor ministry data showed Thursday. The per-capita nominal monthly average wage in businesses with one or more regular employees gained 1.7 percent from a year earlier to 3,982,000 won (2,764 U.S. dollars) in May, according to the Ministry of Employment and Labor. The real monthly wage declined 1.4 pe......

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