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Job Losses Surge as Economy Struggles Under Martial Law

1/18/2025

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Summary

Story summary

The government expresses growing concern over the economy since martial law was enacted on December 3.
The Ministry of Finance's January report indicates a slowdown in employment and heightened economic pressures.
For the first time in 14 months, "employment slowdown" was included, while "economic recovery" was omitted.
December recorded a loss of 52,000 jobs, marking the first decline in nearly four years.

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Story summary

The government expresses growing concern over the economy since martial law was enacted on December 3.
The Ministry of Finance's January report indicates a slowdown in employment and heightened economic pressures.
For the first time in 14 months, "employment slowdown" was included, while "economic recovery" was omitted.
December recorded a loss of 52,000 jobs, marking the first decline in nearly four years.