SEOUL, Nov. 15 (Korea Bizwire) — The Economic Misery Index showed that the employment crisis and rapidly increasing consumer prices are being felt most closely by young South Koreans. The Federation of Korean Industries (FKI) estimated the Economic Misery Index by combining the unemployment rate from all age groups with the increase rate of consumer [...]
SEOUL, Nov. 15 (Korea Bizwire) — More South Koreans are being subject to socioeconomic deprivation as the rising cost of housing is hurting expenditures in other sectors, a government think tank said Monday. The state-funded Korea Research Institute for Human Settlements estimated the cost of housing by studying the cost of purchasing a home for [...]
SEOUL, Nov. 15 (Korea Bizwire) — Chinese netizens are once again making false arguments that kimchi originated in China. Last Friday, Chinese state media published an article titled “Pao Cai makes it to Qatar earlier than Korean football players prior to the World Cup” and others. Pao Cai is a term persistently used in China [...]
SEOUL, Nov. 15 (Korea Bizwire) — The number of multiple home owners in South Korea fell 2 percent on-year in 2021, data showed Tuesday, apparently on tax burdens. The number of multiple home owners reached 2.27 million in 2021, falling from 2.32 million tallied in the previous year, according to Statistics Korea. They took up [...]
SEOUL, Nov. 15 (Korea Bizwire) — South Korea’s new COVID-19 cases bounced back to above 70,000 in two months on Tuesday in a sign that the virus may surge again in the winter. The country reported 72,883 new COVID-19 infections, including 50 cases from overseas, bringing the total caseload to 26,290,877, the Korea Disease Control [...]
SEOUL, Nov. 14 (Korea Bizwire) — A South Korean military couple has celebrated the first birthday of their quintuplets. Army Capt. Seo Hye-jeong and and Army Capt. Kim Jin-soo from the 17th Infantry Division held the first birthday party of their five children in Masan, South Gyeongsang Province. The quintuplets were born at Seoul National [...]
SEOUL, Nov. 14 (Korea Bizwire) — At 6:34 p.m. on Saturday, tens of thousands of cellphone lights illuminated the night sky throughout Sejong-daero in central Seoul. Participants joining in a memorial gathering for the victims of the Itaewon crowd crush turned on the lights at the same time that the first emergency call was made [...]
SEOUL, Nov. 14 (Korea Bizwire) — South Korea’s new COVID-19 cases hit the highest Monday tally in nine weeks amid concerns of the virus’ resurgence in the winter. The country reported 23,765 new COVID-19 infections, including 54 cases from overseas, bringing the total caseload to 26,217,994, the Korea Disease Control and Prevention Agency said. Monday’s [...]
SEOUL, Nov. 14 (Korea Bizwire) — One out of 4 South Korean women have experienced sexual harassment or sexual violence at work, a survey showed Sunday. According to a survey conducted by pro-labor civic group Gabjil 119 of 1,000 wage workers, consisting of 570 men and 430 women, 25.8 percent of the women and 10.9 [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s new COVID-19 cases on Sunday increased more than 11,000 compared with a week earlier, with the country set to start administering booster shots targeting omicron subvariants amid growing concerns about the possibility of a wintertime resurgence. The country reported 48,465 new COVID-19 infections, including 53 from overseas, [...]