SEOUL, July 18 (Korea Bizwire) — The number of young South Koreans preparing for exams for public jobs and professional licenses has fallen for the second year in a row, data showed Tuesday. Some 634,000 people out of 4.16 million economically inactive people aged 15-29 have been preparing for exams to land jobs this year, [...]
SEOUL, July 18 (Korea Bizwire) — The number of North Korean defectors coming to South Korea reached 65 in the April-June period, nearly doubling from 34 three months earlier, government data showed Tuesday, in an apparent rise after China eased its strict COVID-19 restrictions. After escaping the North, 18 men and 47 women reached South [...]
SEOUL, July 18 (Korea Bizwire) — Exports of K-pop albums reached an all-time high in the first half of the year, with the United States surpassing China as the second-largest market for Korean music, data showed Tuesday. According to the data from the Korea Customs Service, exports of K-pop albums in the first six months [...]
SEOUL, July 17 (Korea Bizwire) – South Korea’s car exports soared nearly 50 percent on-year in the first half of the year to reach an all-time high, driven by solid demand for eco-friendly cars, the industry ministry said Monday. The value of outbound shipments of automobiles came to US$35.7 billion during the first six months [...]
SEOUL, July 17 (Korea Bizwire) — Foreign workers accounted for nearly 50 percent of crew members working in South Korea last year, the oceans ministry said Monday. A total of 60,148 crew members were working on local fishing boats as of end-2022, and 28,281 of them were foreigners, or 47 percent of the total, according [...]
SEOUL, July 16 (Korea Bizwire) — Nearly 15 percent of employees in the South Korean construction industry were foreigners in the first quarter of the year amid a shortage of local laborers at construction sites, a report showed Sunday. A total of 110,000 workers of foreign nationality were working at construction sites as of end-March, [...]
SEOUL, July 13 (Korea Bizwire) — The volume of international passengers traveling via Gimpo International Airport in western Seoul rebounded in the first half to about 60 percent of the pre-COVID-19 levels, the airport operator said Thursday. In the January-June period, a total of 5,240,626 travelers flew overseas via South Korea’s 14 regional airports, excluding [...]
SEJONG, July 13 (Korea Bizwire) — South Korea reported a net inflow of migrants in 2022, data showed Thursday, following the normalization of global travel amid eased concerns over the COVID-19. The number of international migrants, referring to those who stay in and out of South Korea for 90 days or more, reached 1.12 million [...]
SEOUL, July 12 (Korea Bizwire) — South Korea’s job additions remained stronger than expected in June on the back of the senior workforce, data showed Wednesday, although the on-year growth slowed for the third consecutive month. The number of employed people came to 28.81 million in June, up around 333,000 from a year earlier, according [...]
SEOUL, July 11 (Korea Bizwire) — South Korea’s population is set to fall to 38 million in 2070 due to its critically low birth rates, data showed Tuesday, with those aged 65 and above set to take up around 46 percent. The figure marks a sharp drop from the 52 million estimated for this year, [...]