Number of Koreans changing residences drops in April amid economic slowdown
May 26, 2016
The number of people changing their place of residence sank 13 percent in April from a year earlier, the state statistics agency said Thursday, amid a protracted economic slump and soaring housing prices.The number of people changing their residences came to some 564,000 last month, down 85,000 from the same month a year earlier, according to data provided by Statistics Korea.The population mobility rate -- the number of those changing their residence for every 100 people -- edged down 0.18 perc