According to Statistics Korea, the income gap between the rich and the poor is widening with the monthly salary of those in the high-income brackets jumping by over two million won during the past five years, while low-income earners only received a 170-thousand won bump.
Korea’s wealthiest 10 percent earned over 10 million won (about 8,700 USD) a month during Q1, whereas the poorest 10 percent made only 580 thousand won.
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