President Lee Jae-myung's approval rating hits record low

Lee Jae-myung approval rating oil prices social security reform South Korean politics

South Korean President Lee Jae-myung is facing a significant decline in public support. According to Realimeter polling, his approval rating has dropped to 33.8%, a nine-week consecutive decline, while his disapproval rating has climbed to 63.3% for the first time. Key factors contributing to this downturn include controversies surrounding cabinet appointments, uncertainty in real estate policy, and discussions regarding military deployment to the Strait of Hormuz.

In response to political pressure, President Lee has indicated he will hold a press conference next week to address ongoing controversies. He also emphasized his commitment to reform, stating that the greatest obstacle to progress is those who obstruct reform in its name.

On economic matters, President Lee addressed rising global oil prices, asserting that domestic refined oil prices remain stable due to the government's maximum price system and export controls. He noted that through strengthened oil diplomacy, the nation's dependency on Middle Eastern crude has been reduced from 70% to the 50% range.

Separately, the Ministry of Health and Welfare has launched an urgent review of social security programs, including the national pension and health insurance. This move follows concerns regarding equity in benefits for foreign residents, prompted by instances of individuals exploiting pension contribution rules.

Entities

Democratic Party of Korea · Gallup Korea · Kim Seung-won · Lee Jae Myung · Lee Jae-myung · Ministry of Health and Welfare · People Power Party · Realimeter · South Korea · Yong Hye-in

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] Personnel appointments were cited as a reason for negative evaluation by 16% of respondents. www.hidomin.com · www.namdonews.com
[● 3 SOURCES] The negative evaluation rating for the President was 51%. www.hidomin.com · www.namdonews.com
[● 2 SOURCES] The Democratic Party held 38% support, while the People Power Party held 29%. www.hidomin.com · www.namdonews.com
[● 2 SOURCES] Ministerial nominee Yong Hye-in received a 13% suitability rating and a 61% unsuitability rating. www.hidomin.com · www.namdonews.com
[○ 1 SOURCE] 55% of respondents opposed the deployment of military forces to the Strait of Hormuz. www.hidomin.com
[● 3 SOURCES] Real estate policy was cited as the primary reason for negative evaluation by 24% of respondents. www.hidomin.com · www.namdonews.com
[● 5 SOURCES] President Lee Jae-myung's job approval rating reached 38%, his lowest since taking office. www.hidomin.com · www.namdonews.com · www.hani.co.kr
[● 2 SOURCES] Ministerial nominee Kim Seung-won received a 22% suitability rating and a 43% unsuitability rating. www.hidomin.com · www.namdonews.com
[DISPUTED] President Lee Jae-myung's job approval rating fell to 33.8%, marking a nine-week decline. www.mbn.co.kr · www.imaeil.com · www.dailymagazine.co.kr · www.seoul.co.kr
[● 3 SOURCES] 43% of respondents viewed Kim Seung-won, the candidate for Minister of Justice, as unsuitable for the role. www.mbn.co.kr · www.hidomin.com · www.namdonews.com
[○ 1 SOURCE] President Lee is planning to hold a press conference next week to address controversies regarding constitutional amendments and Cabinet appointments. www.hani.co.kr
[● 2 SOURCES] During a state visit to France, President Lee stated that his term is clearly limited by the Constitution to address rumors of constitutional amendments for re-election.