[Asia Business Daily-Realmeter Poll] Stock Market Jitters, Forced Passage of Special Counsel Bill Weigh on Lee Jaemyung's Approval Rating, Down 1 Percentage Point to 35.9%
Support falls in Daegu and North Gyeongsang, and among conservatives
People Power Party 39.7% vs. Democratic Party of Korea 36.5%
President Lee Jaemyung's job approval rating edged down in a week to 35.9%. The decline was attributed to heightened tensions between the ruling and opposition parties over the passage of a special counsel bill on fabricated indictments, compounded by financial market jitters, including a sharp stock market drop late in the week.
According to a regular poll conducted by Realmeter at the request of The Asia Business Daily and released on November 9, the president's job approval rating stood at 35.9%, down 1.0 percentage point from the weekly tally last week (the fifth week of October). The survey was conducted from November 2 to 6 over five days, using an automated response system to call randomly generated mobile phone numbers. It polled 2,528 voters aged 18 and older nationwide. The margin of error was ±1.9 percentage points at a 95% confidence level, and the response rate was 3.0%. Negative assessments rose 0.5 percentage point from last week's poll to 60.6%.
By region, support in Daegu and North Gyeongsang Province fell 8.4 percentage points, from 31.6% to 23.2%. Support among moderates (40.0%→40.6%) and progressives (53.8%→53.5%) was similar to last week, while support among conservatives dropped 2.4 percentage points, from 15.9% to 13.5%. The decline in stock prices, with the KOSPI briefly dipping below the 5,000 mark during intraday trading, and the passage of the special counsel bill on fabricated indictments on November 6 appear to have worked against the president among swing-voter groups.
According to a party support poll conducted from November 5 to 6 over two days, the People Power Party's support rating stood at 39.7%, down 0.5 percentage point from last week's poll. The Democratic Party of Korea's support rating stood at 36.5%, down 1.8 percentage points. The survey polled 1,006 voters aged 18 and older nationwide, using an automated response system to call randomly generated mobile phone numbers. The margin of error was ±3.1 percentage points at a 95% confidence level, and the response rate was 3.2%.
The Cho Kuk Innovation Party fell 1.2 percentage points to 6.9%, while the New Reform Party rose 0.7 percentage point to 2.7%. The Progressive Party recorded 1.1%, and other parties recorded 2.0%. The share of respondents with no party affiliation rose 2.5 percentage points to 11.1%.
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For more details about the polls, see the website of the National Election Survey Deliberation Commission.
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