SEOUL, Feb. 24 (Korea Bizwire) — High school students learn about economics primarily from television shows and social media, a survey showed Thursday. The Ministry of Economy and Finance conducted a survey of 750 elementary, middle, and high school students, in which 47.1 percent of high schoolers said they learn about economics mostly from “news [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korea added 597,000 jobs for wage workers in the third quarter of 2022, data showed Friday, led by higher demand from the welfare, construction and manufacturing sectors. The number of paying jobs came to 20.19 million in the July-September period, up from 19.59 million tallied a year earlier, [...]
SEOUL, Feb. 24 (Korea Bizwire) — Conflicts over repair costs accounted for the largest share of commercial lease disputes in Seoul last year, the city government said said Thursday. According to the Seoul Metropolitan Government, 188 dispute cases were filed with the commercial lease dispute coordination committee last year, of which 28.2 percent or 53 [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korea’s new COVID-19 cases continued the downward trend Thursday, with the new caseload falling by more than 1,600 cases from a week ago. The country reported 10,845 new infection cases, including 28 from overseas, bringing the total caseload to 30,469,702, the Korea Disease Control and Prevention Agency (KDCA) [...]
SEOUL, Feb. 23 (Korea Bizwire) — Household income advanced 4.1 percent on-year in the fourth quarter on the back of the improved job market, data showed Thursday, although the actual profit lost ground amid higher inflation. The country’s households earned an average 4.83 million won (US$3,700) per month in the October-December period, compared with 4.64 [...]
SEOUL, Feb. 23 (Korea Bizwire) — Higher education in South Korea is experiencing a crisis, with local universities particularly hard hit. On Jeju Island, all universities failed to meet their enrollment quotas in 2023, with just 33 new students enrolling in four-year universities. This is due to a sharp drop in the school-age population, caused [...]
SEOUL, Feb. 23 (Korea Bizwire) — An increasing number of students are looking for cheaper places to live as rising consumer prices are affecting rents of studio apartments near college campuses. Real estate brokerage app Dabang reported a 34-percent increase in the monthly rent of studio apartments near Ewha Womans University that are smaller than [...]
SEOUL, Feb. 23 (Korea Bizwire) — Busan has won the top prize in South Korea’s city brand rankings, surpassing Seoul. The Korea Corporate Reputation Research Institute conducted a monthly analysis of 57,048,306 data records on city brands, which showed that Busan ranked first, followed by Seoul and Jeju City. The City Brand Index was based [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea’s new COVID-19 cases stayed above 11,000 for the second straight day Wednesday amid a downward trend in recent months. The country reported 13,082 new infection cases, including 32 from overseas, bringing the total caseload to 30,458,857, the Korea Disease Control and Prevention Agency (KDCA) said. The daily [...]
SEOUL, Feb. 22 (Korea Bizwire) — More than 70 percent of university hospitals accross the country have failed to recruit a single resident for their pediatrics departments for the first half of this year. Rep. Seo Young-seok of the Democratic Party referred to a report from the Ministry of Health and Welfare that revealed Seoul [...]