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The Chosun Ilbo on MSNS. Korea’s middle-class surplus income falls to lowest in 5 yearsSouth Korea’s middle-class households are struggling to save, with their leftover money after expenses dropping below 700,000 won ($480). Experts warn that this growing financial strain could weaken ...
An average middle-class household in South Korea had about 658,000 won in dispensable income in the fourth quarter of 2024, government data showed, using figures adjusted for inflation ...
Trying to define the middle class in any region can be a tricky task, as it’s not necessarily based just on salary, but also on how far that salary gets you. The American South, even with its ...
Bouncing back after the COVID-19 pandemic has proven to be more difficult than anticipated. Many countries continue to be trapped in the middle-income category and breaking out remains hard. The ...
If becoming upper middle class is a nonnegotiable goal, you may have better odds of reaching it in the South, a region that is home to more “affordable” states than any other. Still ...
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