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South Korea President's Support Falls Below 50% for First Time

  • Moon’s approval rating sinks 4 percentage points to 49%
  • Local voters fret about real estate prices, grim job market
Moon Jae-in
Moon Jae-inPhotographer: SeongJoon Cho/Bloomberg
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South Korean President Moon Jae-in’s approval rating fell below 50 percent for the first time, as voters express doubts over his policies to curb home prices and boost job opportunities.

A weekly Gallup Korea survey released Friday showed support for Moon fell 4 percentage points to 49 percent, the lowest mark since he took power in May of last year. His disapproval rating rose to 42 percent -- the highest level since he took office -- compared with 38 percent last week.