More than half earn less than W2 mil. a month

More than half of wage workers in Korea are receiving monthly paycheques with less than two million won.

By Ko Dong-hwan

Statistics show that more than half of wage workers in Korea earn less than 2 million won a month, according to JoongAng Ilbo Wednesday.

Statistics Korea released Wednesday a special report which revealed about 50.7 percent of a total 18.5 million wage workers in the nation earn below the amount commonly believed as an average.

Some 2.4 million workers (12.9 percent) earn less than 1 million won a month, and nearly 7 million workers (37.8 percent) earn between 1 and 2 million won.

About 4.5 million (24.3 percent) earn between 2 and 3 million won, 2.4 million (12.8 percent) between 3 and 4 million, and 2.3 million (12.2 percent) 4 million won or more.