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S. Korean workers to spend average 520,000 won for Chuseok: poll

All News 10:31 September 09, 2016

SEOUL, Sept. 9 (Yonhap) -- South Korean workers plan to spend an average of 526,000 won (US$477) during the Chuseok holiday next week, a survey showed Friday.

It marks a 40,000-won increase from the same poll by Hunet, a local education service institute, in 2014.

On their spending plans, many of the 970 respondents in this year's survey cited pocket money for parents and expenditures for ritual services for ancestors, called "charye" in Korean.

Chuseok is one of the biggest and most important annual holidays in Korea, during which families get together to share food and give thanks to their ancestors. This year, Chuseok falls on Sept 15.

This computer-generated image, provided by Yonhap News TV, shows mobile shopping for Chuseok, which falls on Sept. 15 in 2016. (Yonhap)

By amount, 36.9 percent of workers said they will spend an average of between 300,000 won and 500,000 won, while 20.3 percent said they will likely spend 200,000 won or more. Meanwhile, 15.2 percent of the respondents said they plan to spend 1 million won or more.

Married workers plan to spend 160,000 won more than single people, who said they will spend 394,000 won on average.

Regarding the main items people plan to spend their money on, a majority of the workers surveyed picked gifts of money, as well as presents, for parents and other family members.

The holiday period runs from Wednesday till Sunday, but company workers are expected to have an average of 4.1 days off.


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