SEOUL, Oct. 25 (Korea Bizwire) – The number of South Koreans who moved to different residences in the country sank to a 50-year low in September on population aging and the sagging real estate market, the statistics agency said Wednesday. Around 450,000 people changed their residences last month, down 1.6 percent from a year earlier, [...]
SEOUL, Oct. 25 (Korea Bizwire) — A total of 500 aircraft incidents involving bird collisions have been reported in airports across South Korea over the past five years, according to data Wednesday. According to the data unveiled by Rep. Heo Jong-sik of the main opposition Democratic Party, the total number of aircraft bird strike cases [...]
SEJONG, Oct. 24 (Korea Bizwire) – According to a new report released by the National Assembly’s Budget and Policy Office, South Korea’s youth population is facing a significant decline, with an estimated 50 percent reduction by the year 2040 if the current low fertility rate persists. The report titled “Estimation of Total Population Reflecting Recent [...]
SEOUL, Oct. 24 (Korea Bizwire) –A recent survey revealed that more than half of delivery workers have seen a reduction in their income since the onset of the COVID-19 pandemic. The study, conducted online by the Delivery Platform Workers’ Union and the National Legislative Center over the course of a month, beginning on July 24th [...]
SEOUL, Oct. 24 (Korea Bizwire) — The amount of drugs seized before being smuggled into South Korea jumped 30 percent on-year during the first nine months of 2023, the customs agency said Tuesday. The number of smuggling attempts fell 11 percent to 501 cases during the cited period, but the average volume involved in each [...]
SEOUL, Oct. 24 (Korea Bizwire) — The number of non-regular workers in South Korea inched down in 2023 as the country lost temporary contracts mainly in the construction and retail sectors amid an economic slowdown, data showed Tuesday. The number of non-regular workers, including people working part-time and on temporary contracts and outsourced laborers, came [...]
SEOUL, Oct. 24 (Korea Bizwire) — The public’s perception of safety from crimes declined last year compared with the previous year due mainly to the occurrence of several high-profile violent crimes, a ruling party lawmaker said Tuesday. The public’s perceived safety from crimes in 2022 was rated at 83 points, down 0.4 from 2021, Rep. [...]
SEOUL, Oct. 22 (Korea Bizwire) – The number of employees in South Korea’s manufacturing sector in the last three months dropped at the fastest pace in 11 quarters amid a protracted economic slowdown, government data showed Sunday. A monthly average of 4.47 million people were hired by the manufacturing industry in the July-September period, down [...]
SEOUL, Oct. 20 (Korea Bizwire) – Close to half of all law school students in South Korea were found to be high-income earners. In some law schools, the proportion of high-income students exceeded 70 percent. According to data from the Korea Student Aid Foundation regarding the income status of law school students for the 2022-2023 period, 44 [...]
SEOUL, Oct. 19 (Korea Bizwire) – A total of 2,154 infants born in the country between 2015 and 2022 were not documented after birth, the state audit agency said Thursday. The Board of Audit and Inspection (BAI) disclosed the findings during its routine audit of the health ministry, in the wake of a series of [...]