Folks sit exterior eating places in downtown Seoul. (Korea Herald file)
With the Chuseok vacation interval approaching, three out of 4 small enterprise homeowners plan to maintain their retailers and eating places open through the vacation break, a latest survey exhibits.
Alba Heaven, one of many largest part-time job portals, performed a survey of 96 small enterprise homeowners, and 85.4 p.c mentioned they might function their companies through the Chuseok holidays. This determine marks a rise of 5.7 proportion from the earlier 12 months.
This 12 months, the Chuseok vacation interval will stretch over 5 days, together with the weekend, beginning Sept. 14.
Nonetheless, regardless of remaining open through the vacation interval, solely 47.6 p.c of the homeowners mentioned they anticipate their gross sales to develop in comparison with common days — a drop from final 12 months’s 51.1 p.c.
Homeowners cited the shorter vacation interval this 12 months — 5 days in comparison with six final 12 months –and the financial hunch, which has dampened shopper sentiment, as attainable causes for these diminished expectations. Nonetheless, 39 p.c of respondents mentioned they determined to remain open through the vacation interval “to make just a little extra revenue,” whereas 31.7 p.c mentioned the “Chuseok vacation interval is a peak season for his or her enterprise.”
As well as, 72 p.c of homeowners working throughout Chuseok mentioned that they’ve employed or are within the strategy of recruiting new part-time employees.
