SEOUL, Apr. 12 (Korea Bizwire) — South Korea added the fewest number of jobs in three years in March due mainly to a high base effect and weak employment in the agricultural sector amid unfavorable weather conditions, the statistics agency said Friday. The youth employment rate fell for the first time in six months, though [...]
SEJONG, Apr. 12 (Korea Bizwire) – The proportion of foreign residents in South Korea’s total population could rise to around 7 percent over the next two decades, according to newly released government projections that underscore the country’s changing demographics amid a declining birthrate. If current trends accelerate, one out of every 10 people in the nation’s [...]
SEOUL, Apr. 11 (Korea Bizwire) – Writers serializing their works on Naver Webtoon will now be able to take two breaks per year without any concerns, as the platform has recently revised its serialization rules. According to webtoon industry insiders on April 10, Naver Webtoon has formalized a new policy allowing creators to take a break [...]
SEOUL, Apr. 9 (Korea Bizwire) – A subsidiary of the South Korean tech giant Naver that operates the metaverse platform Zepeto, known as Naver Z, has announced that it will be ending remote work and instituting a four-day in-office work week starting on April 15. The metaverse, a 3D virtual world, initially gained traction during the [...]
SEOUL, Apr. 8 (Korea Bizwire) — The government is ready to discuss with doctors about an increased quota in medical school admissions in an open manner if they come up with a unified and more reasonable measure, Health Minister Cho Kyoo-hong said Monday. About 12,000 trainee doctors nationwide have left their workplaces since Feb. 20 [...]
SEOUL, Apr. 5 (Korea Bizwire) –The Asan Medical Center in Seoul has racked up losses of more than 50 billion won over the past 40 days, a staggering financial toll from a nationwide strike by resident physicians protesting the government’s plan to expand medical school admissions. In an email to faculty members on April 3, [...]
SEOUL, Apr. 5 (Korea Bizwire) — Medical professors plan to file a constitutional appeal over the government’s decision to raise medical school admissions, claiming the increase violates their basic rights, officials said Friday. The Medical Professors Association of Korea is scheduled to file the petition with the Constitutional Court before the April 10 general elections [...]
SEOUL, Apr. 5 (Korea Bizwire) — The government is determined to accomplish medical reform, a senior official said Friday, although a prolonged walkout by trainee doctors has disrupted public health services at major hospitals for more than six weeks. Second Vice Health Minister Park Min-soo made the remarks at a government response meeting, a day [...]
SEOUL, Apr. 5 (Korea Bizwire) – South Korea’s Ministry of Science and ICT has taken a major step towards streamlining the job application process by introducing “digital badges” based on blockchain technology. On April 4, the ministry signed an agreement with several government agencies, including the Korea Internet and Security Agency (KISA), the Korea Employment Information [...]
SEOUL, Apr. 4 (Korea Bizwire) – The South Korean government has uncovered widespread discriminatory practices against temporary and part-time employees at major financial institutions, including banks, credit card companies, and credit bureaus. In a labor inspection spanning 35 firms during the first quarter, the Ministry of Employment and Labor found a total of 185 violations pertaining [...]