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South Korea

South Korea

Skyscrapers and Buddhist temples in the center of Seoul, South Korea on Nov. 20, 2008. One of the world leaders in innovation, South Koreans are using new measures to tackle recent economic hardships. Since 2009, millions of South Koreans have been working less--in the first quarter of 2009, the average work week fell by 3.5 percent in the country. And although thousands have lost their jobs, the unemployment rate has not increased. The state has earmarked 2.5 billion euros to create 550 thousand jobs and freeze the salaries of civil servants, and many South Koreans have voluntarily frozen ten percent of their salary--the government wants every South Korean to feel responsible for the economy of the state.
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42-26566844
Stock Photo ID:
42-26566844
Date Photographed:
November 20, 2008
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No Release
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Credit:
© Stefano De Luigi/VII /Corbis
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Rights Managed (RM)
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36 MB - 2912px × 4368px • 9.00in. × 14.00in @ 300 ppi
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