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Suicides in South Korea Surge by 34% Year-on-Year in January

Suicides in South Korea Surge by 34% Year-on-Year in January

SEOUL, June 14 (Korea Bizwire) – The number of South Koreans taking their own lives soared nearly 34 percent in January from a year earlier, data showed Friday. The number of suicides reached 1,321 in January, an increase of 334 from the previous year, according to data from the Ministry of Health and Welfare, which [...]

In Seoul, Efforts Grow to Bridge Digital Divide for Older Adults

In Seoul, Efforts Grow to Bridge Digital Divide for Older Adults

SEOUL, Jun. 13 (Korea Bizwire) – A new survey has underscored the increasing adoption of digital technologies like kiosks among older South Koreans, even as significant hurdles remain for many in that demographic navigating the online world.  The report, released June 12 by the Seoul Digital Foundation after interviewing 5,500 residents aged 19 and above, found [...]

S. Korea Adds Fewest Number of Jobs in Over 3 Years in May

S. Korea Adds Fewest Number of Jobs in Over 3 Years in May

SEOUL, Jun. 12 (Korea Bizwire) — South Korea reported the slowest on-year job growth in more than three years in May and the unemployment rate among young people reported a marked growth, data showed Wednesday. The number of employed people came to 28.92 million last month, up 80,000 from a year earlier, according to the [...]

ChatGPT Tops 1 Mln Users in S. Korea amid Growing Popularity: Data

ChatGPT Tops 1 Mln Users in S. Korea amid Growing Popularity: Data

SEOUL, Jun. 11 (Korea Bizwire) — The number of OpenAI’s ChatGPT users in South Korea rose 30 percent last month, surpassing 1 million for the first time on the increasing popularity of the artificial intelligence chatbot, industry data showed Tuesday. The mobile ChatGPT application had 1.27 million users in May, up from 980,000 in April, [...]

Two-Thirds of Young Adults in South Korea Remain Financially Dependent, Study Finds

Two-Thirds of Young Adults in South Korea Remain Financially Dependent, Study Finds

SEOUL, Jun. 6 (Korea Bizwire) –A staggering two out of three South Koreans aged 25 to 34 are living with their parents or are financially dependent on them, even if they reside separately, according to a new study on the phenomenon known as the “kangaroo tribe.” Hwang Gwang-hoon, an associate research fellow at the Korea [...]

Climate Crisis Weighs Heavily on 90% of South Koreans, Survey Finds

Climate Crisis Weighs Heavily on 90% of South Koreans, Survey Finds

SEOUL, Jun. 6 (Korea Bizwire) –Nine out of 10 South Koreans perceive the effects of climate change and believe their nation is facing a climate crisis, according to the results of an online survey on climate change released by the Korea Meteorological Administration on June 4. The survey, conducted through the Anti-Corruption and Civil Rights [...]

Only 1 in 10 Job-changing Workers at SMEs Got New Job at Large Conglomerate in 2022: Data

Only 1 in 10 Job-changing Workers at SMEs Got New Job at Large Conglomerate in 2022: Data

SEOUL, Jun. 5 (Korea Bizwire) — Around 1 out of every 10 South Korean workers at small and mid-size companies who changed their jobs in 2022 landed new jobs at large conglomerates, data showed Wednesday. The number of registered employees who were eligible for state insurance programs came to 26.06 million in 2022, up 2.2 [...]

Study Warns of Threefold Rise in Early Deaths from Fine Dust by 2050

Study Warns of Threefold Rise in Early Deaths from Fine Dust by 2050

POHANG, Jun. 5 (Korea Bizwire) – A new study has found that if current levels of fine dust pollution in South Korea persist, the number of premature deaths caused by fine dust exposure could triple by 2050 compared to present levels.  A research team led by professor Lee Hyung-joo from the Department of Environmental Engineering at [...]

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SEOUL, Jun. 4 (Korea Bizwire) – As the growth of budget mobile carriers persists in South Korea, SK Telecom, the nation’s largest mobile operator, has continued to lose overall market share. However, a new report shows the company still commands a significant portion of 5G subscriptions. According to a report evaluating the competitiveness of South Korea’s [...]

Soaring Home Prices Leave Seoul Apartments Out of Reach for Most Young Koreans

Soaring Home Prices Leave Seoul Apartments Out of Reach for Most Young Koreans

SEOUL, Jun. 4 (Korea Bizwire) – A household headed by someone in their 20s would need to save for 86.4 years to afford an apartment in Seoul through savings alone, according to a new analysis that highlights the daunting challenges facing the younger generation in the country’s real estate market.  The study, released on June 3 [...]