SEOUL, May 29 (Korea Bizwire) — The number of babies born in South Korea set yet another fresh low for the month of March, leading to a record-low fertility rate for the first quarter, data showed Wednesday, A total of 19,669 babies were born in March, down 7.3 percent from a year earlier, according to [...]
SEOUL, May 29 (Korea Bizwire) – In a powerful display of their demands, around 20,000 nurses (according to organizers) gathered in front of the National Assembly in Seoul on May 23, raising their voices for the enactment of a separate nursing law. After resident doctors left hospitals in protest of the government’s plan to increase medical [...]
SEJONG, May 28 (Korea Bizwire) – A procession of studies has highlighted the inverse relationship between women’s economic participation and birthrates in South Korea, where childcare responsibilities still largely fall on mothers. The International Monetary Fund recently urged South Korea and Japan to establish a positive cycle in which greater female workforce participation contributes to economic [...]
SEOUL, May 28 (Korea Bizwire) – The population is anticipated to drop in nearly all regions by 2052, except for Gyeonggi Province and the central city of Sejong, due to the chronically low birth rates, a report showed Tuesday. According to the report released by Statistics Korea, the population in 15 out of 17 provinces [...]
SEOUL, May 28 (Korea Bizwire) – As the government plans to increase admissions to medical schools, a major concern raised by the medical community is the shortage of donated cadavers for anatomy lessons, which could undermine the quality of medical education. While promoting body donation is crucial for high-quality medical training, a recent survey revealed that [...]
SEOUL, May 27 (Korea Bizwire) – Two out of three employed individuals with disabilities in South Korea are working in precarious, irregular jobs, according to a new government report highlighting the economic vulnerabilities faced by this population. The findings also reveal alarmingly low levels of retirement preparation, even as the nation’s disabled community rapidly ages. Based [...]
SEOUL, May 27 (Korea Bizwire) – Business leaders in South Korea are urging an overhaul of the nation’s inheritance tax system, arguing that the current rates are stifling economic dynamism and hampering investment and job creation. In a report published on May 26 titled “Problems with the Inheritance Tax System and Proposed Improvements,” the Korean Chamber [...]
SEJONG, May 27 (Korea Bizwire) — South Korea’s health ministry said Monday it plans to continue efforts to resolve the ongoing discord with doctors following the finalization of the university admission plan, which includes the controversial medical school quota hike, last week. The remark came after the Korean Council for University Education, an association of [...]
SEOUL, May 27 (Korea Bizwire) – More than 60% of employees in South Korea view being rehired at a previous workplace positively, according to a recent survey conducted by Incruit, a human resources technology company. In a poll of 1,292 South Korean workers aimed at gauging attitudes toward being rehired after quitting, 16.8% said they felt [...]
SEOUL, May 26 (Korea Bizwire) – South Korea saw an unprecedented number of senior military officers with more than five years of experience leave the armed forces last year, raising concerns about a potential erosion of combat readiness, according to government data. A total of 9,481 commissioned and non-commissioned officers resigned in 2023, a 24.1% increase [...]