Number of Workers Earning Over 5 Million Won Monthly Hits Record High, With Significant Industry Disparities

[Economy 365]

The number of wage earners with an average monthly salary exceeding 5 million won has reached its highest level since the relevant statistics began to be compiled.

In the second half of last year, out of 22.488 million wage earners, 3.713 million earned an average monthly salary of 5 million won or more, accounting for 16.5% of the total.

This is an increase of 296,000 compared to a year ago.

However, there were significant disparities across industries.

The proportion of workers earning 5 million won or more was 38% in the finance and insurance sector, 36% in professional, scientific, and technical services, and 35% in the information and communications sector.

In the manufacturing sector, the figure was 24%, meaning one in four wage earners earned a monthly salary of 5 million won or more.

In contrast, the proportion of those earning 5 million won or more was only 5.4% in the health and social welfare sector, and 1.4% in the accommodation and food service sector, which was the lowest among all industries.

*This article was produced using AI audio.
※ Please note: This article was translated by AI and may contain errors.