SEOUL, Jun. 6 (Korea Bizwire) –A staggering two out of three South Koreans aged 25 to 34 are living with their parents or are financially dependent on them, even if they reside separately, according to a new study on the phenomenon known as the “kangaroo tribe.” Hwang Gwang-hoon, an associate research fellow at the Korea [...]
SEOUL, Jun. 6 (Korea Bizwire) –Nine out of 10 South Koreans perceive the effects of climate change and believe their nation is facing a climate crisis, according to the results of an online survey on climate change released by the Korea Meteorological Administration on June 4. The survey, conducted through the Anti-Corruption and Civil Rights [...]
CHUNCHEON, Jun. 5 (Korea Bizwire) –A proposal to develop Camp Page, a 520,000 square meter former United States military base in the heart of Chuncheon, has sparked a bitter divide within the local community, pitting residents who support the project against those who demand a restart of the process. The site, which has remained largely [...]
SEOUL, Jun. 5 (Korea Bizwire) — Trainee doctors who left their worksites for months in protest of the government’s medical reform were seen as mostly lukewarm to plans by the government to allow them to seek other career paths or return to hospitals without legal burdens, according to some junior doctors Wednesday. In an apparent [...]
SEOUL, Jun. 4 (Korea Bizwire) – Nearly one in three South Koreans born in the 1960s fear dying alone, according to a recent survey, highlighting growing anxieties about inadequate care and financial instability for a cohort known as the last to have supported their parents and the first to receive little assistance from their children. The [...]
SEOUL, June 4 (Korea Bizwire) — The health ministry is expected to announce a plan Tuesday to accept the resignations of trainee doctors, a source close to the matter said, in a move to help them seek other career paths or return to hospitals. For months, the government has ordered trainee doctors, who have remained [...]
SEOUL, Jun. 4 (Korea Bizwire) – A household headed by someone in their 20s would need to save for 86.4 years to afford an apartment in Seoul through savings alone, according to a new analysis that highlights the daunting challenges facing the younger generation in the country’s real estate market. The study, released on June 3 [...]
SEJONG, Jun. 4 (Korea Bizwire) – The proportion of employed South Korean women holding low-skilled manual labor positions more than triples after marriage, highlighting how career interruptions for childbirth and child-rearing contribute to a deterioration in job quality, experts say. According to microdata from Statistics Korea’s Economically Active Population Survey, there were 2,079,000 women in elementary [...]
BUSAN, Jun. 4 (Korea Bizwire) –A young student in Busan has become the target of online abuse after being lauded for exposing a misleading video game that distorted the 1980 pro-democracy uprising in the city of Gwangju, prompting a police investigation. The Yeonje Police Station in Busan said on June 3 that it was investigating [...]
SEOUL, Jun. 3 (Korea Bizwire) – What constitutes a high salary for South Korean office workers? According to a recent survey, the general consensus is an annual income of around 85.5 million won. The survey, conducted by the job platform JobKorea, polled 721 employed men and women, allowing for multiple responses. The results showed that respondents [...]