SEOUL, March 9 (Korea Bizwire) — People in their 60s or older looking for jobs increased last year despite a decline in all other age groups, data showed Sunday. A total of 4,525,456 new job applications were posted on government-run employment website Worknet in 2024, marking a 5.3 percent decline from a year earlier, according [...]
SEOUL, March 2 (Korea Bizwire) — Nearly one in three newly minted Ph.D. holders in South Korea last year remained unemployed, a record-high figure that underscores a tightening job market even for the country’s most highly educated individuals. According to data from Statistics Korea, only 70.4% of Ph.D. recipients who graduated in 2024 had secured employment [...]
SEOUL, March 2 (Korea Bizwire) — More than half of South Koreans spend nearly two hours daily on YouTube, reinforcing its dominance in the country’s digital landscape, according to a report by Mobile Index from IGAWorks released on March 2. As of February 25, YouTube’s total usage time in South Korea reached 69.65 million hours, the [...]
SEOUL, Feb. 17 (Korea Bizwire) — The number of individuals experiencing moderate to severe depression and recurrent depressive disorder in South Korea has surged nearly 13% over the past two years, reversing a previous decline, according to government data. A report released on February 16 by the Ministry of Health and Welfare’s National Center for Mental [...]
SEOUL, Feb. 16 (Korea Bizwire) — The number of self-employed individuals in South Korea who failed to repay their debts increased by 35% in 2024, as high interest rates and prolonged domestic economic stagnation deepened financial distress, new data shows. The burden was particularly severe for those aged 60 and older, with defaults in this group [...]
SEOUL, Feb. 2 (Korea Bizwire) — Four out of 10 foreigners visiting South Korea for medical treatment said the country’s culture influenced their decision to come here, a survey showed Sunday. More than 41 percent of those surveyed answered positively when asked if the cultural experience in South Korea influenced their decision to receive medical [...]
SEOUL, Jan. 31 (Korea Bizwire) — While students, parents, and teachers broadly acknowledge the authority of teachers as professionals, a new survey reveals a significant gap between this recognition and the actual respect and autonomy afforded to educators in South Korea. According to a report by the Korea Educational Development Institute (KEDI), more than 80% of [...]
SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s female suicide rate is projected to worsen through 2030, rising from 15.1 to 16.6 per 100,000 people, even as the overall national suicide rate declines, according to a government health report. The findings were published in the ‘2024 Key Indicator Analysis Report’ by the Ministry of Health and [...]
SEOUL, Jan. 29 (Korea Bizwire) — The percentage of South Koreans suffering from nutritional deficiencies has more than doubled over the past decade, according to the Korea Disease Control and Prevention Agency’s (KDCA) 2023 National Health Statistics report released on January 28, 2025. In 2023, 17.9% of Koreans aged one and older were classified as nutritionally [...]
SEOUL, Jan. 28 (Korea Bizwire) — South Korea’s coffee imports reached a record high of nearly 2 trillion won ($1.38 billion USD) in 2024, reflecting an 11% increase from the previous year, according to data from the Korea Agro-Fisheries & Food Trade Corporation. The country imported 215,838 tons of coffee, including green beans, roasted beans, concentrates, [...]