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Moon's approval rating dips to record low

All News 10:53 August 03, 2018

SEOUL, Aug. 3 (Yonhap) -- President Moon Jae-in's approval rating continued to drop for a seventh consecutive week, falling to the lowest level since his inauguration, a poll showed Friday.

In a weekly survey conducted by Gallup Korea, the president's approval rating came to 60 percent this week, down 2 percentage points from a week earlier. The latest survey was conducted Tuesday through Thursday on 1,003 adults throughout the country.

The reading marks the lowest since Moon took office on May 10, 2017, one day after the presidential by-election caused by the ouster of former President Park Geun-hye over corruption allegations.

Moon's approval rating reached a record high of 83 percent in the first week of May, one week after he held a historic summit with North Korean leader Kim Jong-un on April 27.

After a few dips, Moon's rating again shot up to 79 percent after his second inter-Korean summit with Kim held on May 26. It has since been on a steady decline.

The recent streak of declines may have been partly caused by public concerns over a steep rise in the minimum wage, which is set to increase by 10.9 percent to 8,350 won (US$7.40) per hour from the start of next year. The sharp increase will follow a 16.4 percent spike this year.

Of all respondents, 29 percent said they did not approve the way the president managed state affairs. Thirty-eight percent of the naysayers cited the lack of government efforts to address economic issues, according to the local pollster.

The ruling Democratic Party also continued to suffer a setback in its approval rating, which plunged 7 percentage points to 41 percent this week, while that of the main opposition Liberty Korea Party remained unchanged at 11 percent.


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