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Salaried Workers Cut Spending on Congratulatory, Condolence Money

Salaried Workers Cut Spending on Congratulatory, Condolence Money

SEOUL, June 17 (Korea Bizwire) – South Korea’s salaried workers spent less on congratulatory and condolence money for weddings and funerals in the first quarter as they felt the pinch amid an extended economic slowdown, government data showed Friday. In the three months ended March 31, people spent an average of 250,127 won (US$214) to [...]