SEOUL, Jan. 18 (Korea Bizwire) — More than half of South Koreans think this year’s minimum wage hike will have a negative effect on the economy, a survey showed Friday. The poll of 1,002 adults nationwide by Gallup Korea found 52 percent of people predict negative economic effects from the latest minimum wage increase. Only [...]
SEOUL, Jan. 18 (Korea Bizwire) — Six out of ten South Korean households believe one household needs one home, regardless of age or income level. As long as the housing environment is stable, respondents were even willing to get a lease or pay monthly rent to live in a home. The Korea Housing Finance Corp. [...]
SEOUL, Jan. 17 (Korea Bizwire) — A recent study has found that so-called emotional laborers in the service and sales sectors showed an increased risk of depression. The study was conducted by a research team at Korea University based on a database of 2,055 individuals older than 19 years of age working in service and [...]
SEOUL, Jan. 16 (Korea Bizwire) — Only 2.9 percent of South Korean single women regard marriage as necessary, a figure far lower than their Chinese counterparts, a survey showed Wednesday. In contrast, 19.4 percent of Chinese women consider marriage necessary, according to the survey of 411 and 413 single women aged 25-34 and living in [...]
SEOUL, Jan. 16 (Korea Bizwire) — Eight in 10 doctors in South Korea have experienced burnout symptoms, due to extreme physical and mental fatigue, a poll showed Wednesday. The poll of 1,004 doctors, conducted online by medical information provider InterMD on Dec. 26-27, found that 80 percent of them have suffered from burnout while working [...]
SEOUL, Jan. 16 (Korea Bizwire) — Two out of five South Koreans in their 20s and 30s said they wouldn’t mind working as a part-timer. Job Korea and Albamon, South Korea’s top two job search portals, conducted a survey on 1,200 people born between 1982 and 2000, asking them about their preference for full-time or [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korean exports of farmed seafood products grew 2.5 percent on-year to a fresh all-time high in 2018, despite a drop in output, data showed Wednesday. Overseas shipments of dried laver and other farm-raised seafood stood at US$2.38 billion last year, compared with $2.32 billion a year earlier, according [...]
SEOUL, Jan. 15 (Korea Bizwire) — Over 40 percent of South Korean women in their 20s are surveyed to have deemed themselves as feminists, reflecting a social trend in which feminism is increasingly taking root among youngsters in a male-dominated Korean society, a women’s think tank said Tuesday. The Korean Women’s Development Institute conducted a [...]
SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s population growth rate fell below 0.1 percent for the first time last year, with its median age topping 42, government statistics showed Monday. The nation’s resident population was 51,826,059 as of the end of 2018, marking an increase of 0.09 percent, or 47,515 people, from the previous [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Koreans put in an average of 1.3 fewer hours at their jobs in 2018, but the country still had one of the longest workweeks among Organization for Economic Cooperation and Development (OECD) members, official data showed Sunday. According to the Statistics Korea, South Korean employees worked 41.5 hours [...]