[Editorial] A drop in real wages
Jul 7, 2011
When wage earners are asked if they are better off today than before, many will probably be quick to say no. Such an instant response is borne out by new wage figures. Worse still, few signs indicate there will be any significant improvement in the near future. The average monthly real wage per employee was at 2,364,074 won during the first quarter of this year, down 4.08 percent from a year bef...