75% of highest earners work in the capital region: data

Seoul Station is full of travelers on the morning of Nov. 1, 2021. (Yonhap)

SEOUL, March 22 (Korea Bizwire)Nearly 75% of people in the top 1% of earned income bracket work in companies located in the greater Seoul area, indicating severe inequality between regions in terms of job quality, data shows. published on Monday.

Representative Kim Hoi-jae of the Democratic Party received reports from the National Tax Service which showed that during the year-end tax adjustment for the year 2020, 194,953 people belonged to the top 1% of the level of earned income.

Among them, 145,322 people had their workplaces in Seoul, Gyeonggi Province, Incheon and other areas in the capital region, which accounted for 74.5 percent of all high earners.

Ranked in 17 regions, Seoul had the highest number of high earners (86,716 people, 44.5%).

Jeju had the least high incomes (1,163 people), excluding the central administrative city of Sejong (516 people).

Gangwon Province (1,912 people) and North Jeolla Province (2,333 people) also had lower high incomes.

Seoul had 897 top 1% employees per 100,000 people, followed by Gyeonggi Province (392 people), Ulsan (287 people), Busan (249 people) and Daejeon (223 people).

Gangwon Province had the lowest income by 1% per 100,000 people (124 people), followed by North Jeolla Province (129 people), Sejong (145 people), South Jeolla Province (151 people) and Jeju (172 people).

HM Kang ([email protected])

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