SEOUL, Nov. 10 (Korea Bizwire) – A recent survey has unveiled distinct gender differences in how divorced South Koreans experience newfound freedom, with men prioritizing unrestricted travel while women most appreciate being able to treat traditional holidays as personal vacation time. The study, conducted jointly by matchmaking agencies Only You and Bien-Aller, surveyed 536 divorced individuals [...]
SEOUL, Nov. 3 (Korea Bizwire) – A new report has revealed that only 4 out of 10 newly employed wage workers in South Korea remain at their initial workplace after one year, highlighting ongoing concerns about job stability among new entrants to the workforce. According to an analysis published November 3 by the Korea Employment Information [...]
SEOUL, Oct. 30 (Korea Bizwire) – Household loan growth continued in October, rising slightly higher than the previous month, the country’s chief regulator said Wednesday, but added that it is unclear whether tightened curbs on loans for home rent would be implemented this year. Kim Byoung-hwan, head of the Financial Services Commission (FSC), told reporters [...]
SEOUL, Oct. 28 (Korea Bizwire) – Part-time employment among young workers has doubled over the past decade, leading to an unprecedented rise in non-regular employment among South Korea’s youngest workforce. According to data released by Statistics Korea on October 27, as of August, there were approximately 1.46 million workers in their 20s heolding non-regular positions, representing [...]
SEOUL, Oct. 25 (Korea Bizwire) – Data released by South Korea’s National Tax Service has revealed significant income disparities among the country’s workforce, with the average annual salary standing at 41.23 million won while top earners command substantially higher wages, particularly in the capital region. According to figures obtained by Representative Ahn Do-geol of the Democratic [...]
SEOUL, Sept. 21 (Korea Bizwire) – A recent survey has revealed that one in five South Korean adults believes the government’s decision to designate October 1st, Armed Forces Day, as a temporary public holiday is inappropriate. Polling firm PMI announced on September 20 that it had surveyed 3,000 South Koreans aged 20-69 about their thoughts on [...]
SEOUL, Sept. 17 (Korea Bizwire) – Smoking accounted for more than 80 percent of in-flight illegal acts reported by South Korea’s 10 carriers in the past five years, government data showed Tuesday. In the five years through July this year, 1,509, or 80.8 percent, out of 1,868 illegal acts were related to smoking onboard, according [...]
SEOUL, Sept. 12 (Korea Bizwire) – The proportion of one-person households in South Korea is projected to surpass 40 percent in 2052 amid a delay in marriages and rapid aging, the statistics agency said Thursday. The number of households consisting of one member is forecast to reach 9.62 million in 2052, taking up 41.3 percent [...]
SEOUL, Aug. 28 (Korea Bizwire) – South Korea’s total births fell to a fresh low in 2023, while the proportion of babies born to mothers who were unmarried reached an all-time high, data showed Wednesday. A total of 230,000 babies were born last year, down 7.7 percent from a year earlier, according to the data [...]
SEOUL, Aug. 27 (Korea Bizwire) – Nearly half of South Korea’s population is experiencing prolonged feelings of embitterment, according to a recent study. The research, conducted by a team led by professor Yoo Myung-soon at Seoul National University’s Graduate School of Public Health, reveals that 1 in 10 South Koreans is grappling with severe levels of [...]