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3 in 10 S. Koreans Likely to Refuse Extra Vaccine Shots, Even in Next Wave of Pandemic

3 in 10 S. Koreans Likely to Refuse Extra Vaccine Shots, Even in Next Wave of Pandemic

SEOUL, Sept. 8 (Korea Bizwire) — Close to one-third of South Koreans do not wish to receive an additional shot of the COVID-19 vaccine, even if the next wave of a pandemic is coming, a poll showed Wednesday. A research team from Korea University conducted a nationwide survey of 1,500 men and women over 19 [...]

Asset Management Firms’ Q2 Net Down 72 pct amid Sluggish Stock Markets

Asset Management Firms’ Q2 Net Down 72 pct amid Sluggish Stock Markets

SEOUL, Sept. 8 (Korea Bizwire) — Asset management firms in South Korea saw their combined net earnings plunge in the second quarter of this year due to massive investment losses amid sluggish financial markets, data showed Thursday. The combined net income of 380 firms came to 170.1 billion won (US$122.6 million) in the April-June period, [...]

Gender Inequality Still Rampant in Labor Market

Gender Inequality Still Rampant in Labor Market

SEOUL, Sept. 7 (Korea Bizwire) — Gender inequality is still widespread in South Korean when it comes to employment and wages, the gender ministry said Tuesday. The Ministry of Gender Equality and Family reported that the employment rate among women stood at 51.2 percent last year, which was 18.8 percentage points lower than the male [...]

12 pct of Small Business Employees Paid Less than Minimum Wage: Poll

12 pct of Small Business Employees Paid Less than Minimum Wage: Poll

SEOUL, Sept. 6 (Korea Bizwire) — More than 1 in 10 individuals working at businesses with fewer than five employees are paid less than the minimum wage, a poll showed Monday. The Federation of Korean Trade Unions conducted a survey of 470 people working at small businesses with fewer than five employees, which showed that [...]

4 in 10 Koreans Subject to Retribution After Reporting Harassment at Work

4 in 10 Koreans Subject to Retribution After Reporting Harassment at Work

SEOUL, Sept. 6 (Korea Bizwire) — More than 40 percent of people who have reported cases of harassment at the workplace have been subject to retribution of various types, a pro-labor civic group said Monday. Gabjil 119 analyzed 1,442 tip-offs on workplace bullying cases between January and August this year in which they identified the [...]

School Violence Increases as Classes Return to Normal: Survey

School Violence Increases as Classes Return to Normal: Survey

SEOUL, Sept. 6 (Korea Bizwire) — Following the return to in-person classes, violence in schools has increased this year, a government survey showed Tuesday. In the survey by the education ministry, 1.7 percent of students said they suffered violence in schools in 2022, up 0.6 percentage points from last year, when most schools shifted classes [...]

Nearly 77 pct of Experts Consider Korea’s Semiconductor Industry Under Crisis: Poll

Nearly 77 pct of Experts Consider Korea’s Semiconductor Industry Under Crisis: Poll

SEOUL, Sept. 5 (Korea Bizwire) — Seven out of 10 experts in South Korea consider the local chipmaking industry to be in a crisis due to multiple external risks, a survey showed Monday. According to a survey of 30 experts in the semiconductor sector, taken by the Korea Chamber of Commerce and Industry (KCCI), 76.7 [...]

45 pct of South Koreans Consume Dietary Supplements: KDCA

45 pct of South Koreans Consume Dietary Supplements: KDCA

SEOUL, Sept. 5 (Korea Bizwire) — Close to half of South Koreans consume multivitamins, probiotics and other supplements, the public health agency said Sunday. The Korea Disease Control and Prevention Agency (KDCA) reported that in the 2020 National Health and Nutrition Examination Survey, 44.9 percent of respondents said they had consumed dietary supplements the day [...]