[Kindergarten economy] Increasing overseas travel 'dancing' ... "I have no money to spend"
Wednesday will be with friendly economic and economic ministry enthusiast Ari Kee. Let's say 7, 8 seconds. Summer vacation season is in front of my nose. Yes, with the trend up to the first half of this year, it seems that the increase in the number of people going abroad has been significantly declined.
Wednesday will be with friendly economic and economic ministry enthusiast Ari Kee. Let's say 7, 8 seconds. Summer vacation season is in front of my nose.
Yes, with the trend up to the first half of this year, it seems that the increase in the number of people going abroad has been significantly declined.
The number of those who left by May this year increased by 4.3% from the same period last year. As you can see, there is a big difference compared to the trend up to May of recent years.
It is the first time that the number of overseas travelers has risen to less than double digits since 2015. As a whole, the rate of growth declined last year.
Still, if I looked only until May, I kept double digits. It was more strenuous in the second half of last year when Chuseok holiday was shorter than Golden Holiday last year.
This year's holiday season was almost the same as last year. The New Year holidays were rather longer this year. It's a similar condition, but the growth is going down.
Especially less travel on long distances. In Europe, statistics for the first half of the year are still not available, but the number of Koreans in the US and Canada, and Koreans in Australia, has decreased compared to last year.
In fact, Koreans are more likely to go abroad than their population. According to the latest data of the National Statistical Office, by 2017, 26.5% of the respondents have overseas experience.
In particular, women in their 20s have seen more than 40%, and men in their 30s have more than 30% experience. But this atmosphere is stagnation phase, you can see like this.
Why did suddenly the growth slow?
Even though last year was the same trend last year, there were many big events in Korea and a few more factors. However, this year, the economy seems to be the most striking.
Research institutes of Sejong University and Consumer Insight have been investigating where to spend and what to reduce to 1,000 people every week.
By the end of May, we were able to consolidate trends, and more than 40% answered that they would spend money on travel, dining, culture, entertainment, and hobbies.
In a word, "Oh, I have no money to spend. The first thing you have to do is to close your wallet in a field that you might want to reduce. In particular, the most people who want to reduce travel expenses.
Another thing to notice is that at the top of the table, people who say they can spend more money, including travel expenses, go around 20%.
It is the analysis of this company that it seems that there is a growing number of people under pressure to reduce spending, while the top 20% of income can be spent without being affected by the economy.
The National Statistical Office (NSO) also analyzed that the amount of money spent on leisure activities in the past year was particularly prominent. The latest survey, which can measure the mood this year from the private sector, shows that this trend is evident.
However, even if the overseas travel growth slows down, the summer vacation itself will last longer than last year.
Yes, I see that tendency. This was the CEO bidding asking 751 companies. How do you give your employees summer vacation? The average is four days. It was 0.2 days more than last year, and the gap between SMEs and large corporations also decreased.
In order to expand the welfare of the workers, the most respondents answered that it was the most, but the answers that came out at almost the same level were that the economy was sluggish and there was no work. About 20% of the respondents said that they increased the cost to save money.
The original summer is an industry off season. However, the KFI survey has shown that the economy has been bad this summer since 2012. There is no work, so there is a side that has got a little more vacation.
I am going to give you a bit of a sad day ahead of my holiday (17th), and I will give you a tip to use.
Starting last year, small businesses and domestic travel, if the government supports 100,000 won, the company supports 100,000 won a support project has begun.
Last year, 20,000 people were supported, but this year, 80,000 people will receive it. Although it is a difficult time, there are not many mid-term bosses who have applied for such support to their employees.
By the way, the Tourism Corporation is recruiting 7,000 more ahead of summer vacation season. It is until the end of this month. If you visit the Korea Tourism Organization website, you can see the details directly from the main page.
I would like you to take a look at the bosses who see you now and move your mind. Domestic travel is also a great help for us to make more money by spending more money.
You may think that you are talking about having fun, but for some reason the vacation is getting longer, so it would be nice if you could find a way to take a short break with your family.