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GDP growth affects S. Korea’s employment most

GDP growth affects S. Korea’s employment most

South Korea’s economic growth rate has had the greatest impact on the country’s employment level among major macroeconomic variables over the past years, a report showed Wednesday. A 1 percentage-point gain in South Korea’s real gross domestic product (GDP) is estimated to have boosted the number of employed people by 0.41 percentage point between 2000-18, […]

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