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Low-income Groups Bear Higher Inflation Burden than High-income Class in COVID-19 Era

Low-income Groups Bear Higher Inflation Burden than High-income Class in COVID-19 Era

SEOUL, March 23 (Korea Bizwire) — Those in low-income groups are bearing a relatively higher inflation burden than those with higher incomes in the era of the COVID-19 pandemic, a local research institute said. The Korea Economic Research Institute (KERI) analyzed the change in prices felt by consumers for the periods of 2018-2019 and 2020-2021. [...]

Stress Among College Students Differs by Gender and Parents’ Income

Stress Among College Students Differs by Gender and Parents’ Income

SEOUL, March 23 (Korea Bizwire) — Although South Korean university students are experiencing various difficulties due to employment struggles and expensive college tuition, their stress level is different by gender and their parents’ income and academic level, a study showed Monday. A research team from Korea University carried out a latent profile analysis based on [...]

Daily Coronavirus Cases Drop to 200,000s; Concerns Linger over Spike amid Eased Curbs

Daily Coronavirus Cases Drop to 200,000s; Concerns Linger over Spike amid Eased Curbs

SEOUL, March 21 (Korea Bizwire) — South Korea’s new COVID-19 cases dropped to the 200,000s for the first time in 10 days Monday due to less testing over the weekend, but concerns remain high that infections could spike again, as the government eased social distancing rules this week. The country reported 209,169 new COVID-19 infections, [...]