South Korean household debt soars; jobless rate eases

05/15/2013 | MK.co.kr (South Korea) · MK.co.kr (South Korea)

South Korean household debt surged by 52.1 trillion won to almost 1,100 trillion won last year, nearly doubling over the past 10 years, the Financial Supervisory Service reported. Separately, Statistics Korea reported good news on the jobs front, with the unemployment rate falling to 3.2%, down 0.3 percentage point from a year before.

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MK.co.kr (South Korea) · MK.co.kr (South Korea)

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