Page 46 - 인천외고교지 2017 E-BOOK-최종.indd

Ǐ Business & Economy

Special Temporary Holiday

Positive and Negative Economic Effects

The government designated May 6th as a leisure activity costs 153,000 won a month. The
temporary holiday this year. Many workers got average worker working fi ve days a week spent
four days of holiday. Last year, the government 171,000 won a week, while the workers who
designated August 14th as a temporary holiday had longer working days spent 137,000 won a

and there was a very large effect. This year, since week. There was a difference of 34000 won. It
Children's Day and Parents' Day were included means if there is more time for leisure, people
in the four–day holiday, the economic effect was will spend more money. This year, because of
bigger than that of last year. The government the four–day holiday, air tickets to Jeju Island
considered that if employees had a day off, were sold out early and hotel reservations were
there would be a positive impact on consumer hard to make.
sentiment and on revenues. In fact, because of

busy daily life, it is hard to achieve any kind of But a temporary holiday has a negative impact
consumption in the areas beyond the household on the economy as well. This year, a temporary
and work. By having a temporary holiday, national holiday was designated unexpectedly.
workers get the long consecutive holidays It caused criticism that economic uncertainty
and contribute to the promotion of domestic increased. Companies faced problems with
consumption through family activities. If we a planned production schedule and citizens
ensure recreational environments for workers, could not set their plan properly since they
consumptions will be promoted through a fi ve- were suddenly given a temporary holiday.
day workweek schedule. According to a national According to the Ministry of Industry and

survey of leisure activities in 2015, the average Trade, exportation in April dropped 11.2 percent

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