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Over Half of Koreans Predict Negative Economic Effect from Minimum Wage Hike

Over Half of Koreans Predict Negative Economic Effect from Minimum Wage Hike

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 [...]

Risk of Depression on the Rise among Emotional Labor, Service and Sales Workers

Risk of Depression on the Rise among Emotional Labor, Service and Sales Workers

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 [...]

Only 2.9 pct of S. Korean Single Women Say Marriage is Necessary

Only 2.9 pct of S. Korean Single Women Say Marriage is Necessary

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 [...]

2 in 5 Millennial Job Seekers Would Accept Part-time Work, Study Shows

2 in 5 Millennial Job Seekers Would Accept Part-time Work, Study Shows

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 [...]

Over 40 pct of S. Korean Females in 20s are Feminist: Survey

Over 40 pct of S. Korean Females in 20s are Feminist: Survey

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 [...]

R&D Gap Between SMEs, Big Biz Widening: Think Tank

R&D Gap Between SMEs, Big Biz Widening: Think Tank

SEOUL, Jan. 13 (Korea Bizwire) – The gap in research and development (R&D) investment between South Korea’s small and medium-sized businesses and big companies is widening, a local think tank said Sunday, a development that can pose economic challenges going forward. The report by the Korea Small Business Institute (KOSBI) showed that while small and medium-sized enterprises [...]

Satisfaction with Seoul’s Bicycle Sharing Program Reaches 94 pct

Satisfaction with Seoul’s Bicycle Sharing Program Reaches 94 pct

SEOUL, Jan. 11 (Korea Bizwire) — According to a survey of 1,000 citizens over 19 years old from December 6 to 11 conducted by the Seoul Metropolitan Government, 94.9 percent of respondents were satisfied with the city’s bicycle-sharing service. The satisfaction level has continued to rise, from 85.5 percent in the first half of 2016 [...]

Rate of Miscarriage Triples in Regions Without Obstetrics Clinics

Rate of Miscarriage Triples in Regions Without Obstetrics Clinics

SEOUL, Jan. 11 (Korea Bizwire) — A recent study has shown that the miscarriage rate in South Korea is three times higher than average in areas without obstetrics hospitals or clinics. A research team led by Professor Lee Jin-yong from Seoul National University announced the results on Thursday after conducting a study of 371,341 females [...]

Number of Global ‘Hallyu’ Fans Soars Close to 90 Million: Report

Number of Global ‘Hallyu’ Fans Soars Close to 90 Million: Report

SEOUL, Jan. 10 (Korea Bizwire) — The number of dedicated global fans of “hallyu,” or the Korean Wave, is estimated to have surged to about 90 million at the end of last year, a government-affiliated foundation said Thursday. The Korea Foundation said in a report that there were 1,843 hallyu fan clubs in 113 countries [...]