SEJONG, Nov. 9 (Korea Bizwire) – More than half of South Koreans believe that the younger generation has a lower chance of climbing the social ladder. In addition, seven out of 10 elderly people live separately from their children, and eight out of 10 of them earn their living independently. Statistics Korea announced the results of [...]
SEJONG, Nov. 9 (Korea Bizwire) – More than half of South Korean employees are experiencing anxiety about losing their jobs or having to change jobs. Preferences for public servant jobs or positions at state-run enterprises have sharply declined, while the popularity of employment at large companies has increased. Approximately 80 percent of households replied that income [...]
SEOUL, Nov. 9 (Korea Bizwire) – According to a recent study, the number of emergency room visits related to self-harm or disengagement from the world has increased by 1.8 times in the past decade. This rise has been particularly pronounced among teenagers, highlighting the need for improved mental health care for the younger generation. The Korea [...]
SEOUL, Nov. 8 (Korea Bizwire) – A record 32 percent of South Koreans said unification with North Korea is unnecessary, a survey showed Wednesday, as inter-Korean relations remain frosty amid the North’s persistent military threats. The figure from a poll of 1,000 adults conducted by the Peaceful Unification Advisory Council (PUAC) from Sept. 15-17 marked [...]
SEOUL, Nov. 8 (Korea Bizwire) – The number of foreign residents in South Korea has hit a record high at nearly 2.26 million, with foreign students increasing by 21 percent year-on-year to fuel the jump, the interior ministry said Wednesday. As of Nov. 1, 2022, the number of foreign residents had stood at around 2.258 [...]
Jakarta, Nov. 8 (Korea Bizwire) – South Korea holds the top spot as the most desired destination for Indonesians to visit, with over 60 percent expressing that they find the country “suitable” as a model for their own nation’s development. A recent survey conducted by the Embassy of the Republic of Korea in Indonesia revealed that [...]
SEOUL, Nov. 8 (Korea Bizwire) – A recent survey has revealed that over 70 percent of Korean adults have expressed intent to make financial investments for the pursuit of ‘Godsaeng,’ a term coined to represent a diligent and exemplary life. ‘Godsaeng’ is a neologism formed by combining ‘God’ and ‘saeng’ (meaning ‘life’ in Korean) and signifies [...]
SEOUL, Nov. 3 (Korea Bizwire) – Sales of imported vehicles in South Korea dropped 15.9 percent in October from a year earlier due to weakened demand for foreign electric vehicle (EV) models, industry data showed Friday. The number of newly registered imported cars last month totaled 21,329 units, compared with 25,363 units a year ago, [...]
SEOUL, Nov. 3 (Korea Bizwire) – Cigarette smoking is exacting a grim toll on both lives and finances in South Korea. According to the Korea Disease Control and Prevention Agency (KDCA), nearly 60,000 lives are claimed annually, and the economic cost stands at a staggering 12 trillion won. To combat this societal burden, experts from various [...]
SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]