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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: derek cao who wrote (13604)12/18/1997 6:44:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 70976
 
derek, the articles were the same about Mexico, but i would say that the Korean people are (a) much better paid than Mexican's on average were, (b) enjoy a higher standard of living than the Mexicans did, (c) are considerably more conservative religiously, (d) Seoul contains the world's two largest individual churches, First Presbyterian with over 400,000 members and First Assembly of God with over 1,100,000 members (these are two separate church buildings holding multiple services throughout the week, not church denominations; church membership in Korea for these denomiations are much higher). The Korean people on whole have been likened to the "Puritans" (or Pilgrims) which originally colonized the Northeast in the U.S. in the 1700s. The riots you heard about last year came from students at the University which are considerably more liberal in their thinking than the Korean people as a whole. Although there is much concern in Korea, business by no means is halting.

The unemployment rate in Korea stands at about 2% and is expected to climb to around 6% to 7%. This is average unemployment in the U.S. and we seem to make it. But, that means that 93% of the Korean working population will still be employed.