Average Monthly Real Wage of Workers in the First Half of the Year 3,558,000 Won... 1.5% Decrease from Last Year

July Business Workforce Survey Results

The average monthly real wage per worker, reflecting the price level in the first half of this year, was 3,558,000 won, showing a 1.5% decrease compared to the same period last year.

According to the "July Business Labor Survey" announced by the Ministry of Employment and Labor on the 31st, the number of workers in businesses with one or more employees as of the last business day of July was 19,882,000, an increase of 402,000 (2.1%) compared to the same month last year (19,480,000).

By employment status, the number of regular workers increased by 271,000 (1.7%), temporary and daily workers by 128,000 (6.8%), and other workers by 2,000 (0.2%) compared to the same month last year.

The industries with increased employment were health and social welfare services (99,000; 4.5%), accommodation and food services (62,000; 5.4%), and professional, scientific, and technical services (47,000; 3.8%), in that order. The industry with decreased employment was electricity, gas, steam, and air conditioning supply (-2,000; -2.4%). Among all industries, manufacturing, which accounts for the largest share of workers (about 19%), increased by 42,000.

The total average monthly wage per worker in businesses with one or more regular employees from January to June this year was 3,938,000 won, an increase of 2.4% (92,000 won) compared to the same period last year. Working hours increased by 0.3 hours (0.2%) to 156.9 hours. However, the real wage reflecting the price level (4.0%) from January to June was 3,558,000 won, a decrease of 1.5%.

Cumulative Monthly Average Real Wage per Worker Trend (Unit: Thousand KRW, %)

This content was produced with the assistance of AI translation services.