SEOUL, Apr. 12 (Korea Bizwire) – With the world’s lowest birthrate leading to a rapidly shrinking school-age population in South Korea, the government plans to curtail admissions to colleges of education that train new teachers, following earlier moves to scale back the hiring of instructors. The adjustment comes amid concerns over a worsening imbalance between dwindling [...]
SEOUL, Apr. 12 (Korea Bizwire) — The health ministry said Friday it will send more than 2,700 additional physician assistant (PA) nurses to hospitals to minimize medical system disruptions amid a prolonged walkout by trainee doctors. More than 90 percent of South Korea’s 13,000 trainee doctors have walked off the job in protest since Feb. [...]
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 [...]
SUWON, Apr. 11 (Korea Bizwire) – Despite declining birth rates in South Korea, the number of medical emergency calls involving accidents with infants and toddlers aged 0 to 6 has been increasing annually, according to data from fire authorities. The Gyeonggi Province Fire and Disaster Headquarters reported that incidents requiring paramedic dispatches for young children in [...]
SEOUL, Apr. 10 (Korea Bizwire) –Foreign news outlets have praised South Korean broadcasters for their fresh and engaging attempts at election night coverage for the recent general elections. In an article titled “Is This a K-Drama? No, It’s Election Night in South Korea,” the BBC highlighted how major South Korean broadcasters incorporated elements of popular [...]
SEOUL, Apr. 10 (Korea Bizwire) – The number of single-person households in South Korea has surpassed 10 million, driven by rapid aging and a growing trend toward remaining single, prompting the government to explore policies catering to this demographic shift. According to population statistics from the Ministry of Interior and Safety released on April 9, there [...]
SEOUL, Apr. 10 (Korea Bizwire) – As populations around the world continue to age, a new study by researchers at the Korea Advanced Institute of Science and Technology (KAIST) has revealed a complex interplay between this demographic shift and a community’s ability to adapt to climate change – a first-of-its-kind global analysis. The research team, led [...]
SEOUL, Apr. 9 (Korea Bizwire) – In 2021, South Koreans bore an average of 960,000 won in annual out-of-pocket healthcare expenses, a significant figure that highlights the personal financial impact of accessing medical services. This data was unveiled in the “2021 Korea Health Panel Basic Analysis Report (II)” jointly released by the National Health Insurance Service [...]
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, [...]