S. Korea’s Ability to Create Jobs Expected to Hit 9-year Low

SEOUL, Nov. 11 (Korea Bizwire) — The South Korean economy’s ability to create new jobs is expected to fall to the lowest level in nine years in 2018, the central bank’s estimate showed Sunday. The Bank of Korea (BOK) expected the gross domestic product (GDP) elasticity of Asia’s fourth-largest economy to stand at 0.11 this [...]