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3 Out of 10 Temporary Workers Experience Layoffs During COVID-19 Pandemic: Poll

3 Out of 10 Temporary Workers Experience Layoffs During COVID-19 Pandemic: Poll

SEOUL, July 24 (Korea Bizwire) — More than 1 out of 10 workers have experienced layoffs since the onset of the COVID-19 pandemic, with the rate of those who lost jobs reaching nearly 30 percent among non-regular workers, a poll showed Sunday. The survey of 1,000 employees — 600 regular workers and 400 temporary workers [...]

Foreign Currency Deposits Down in June on Import Bills, Strong Dollar

Foreign Currency Deposits Down in June on Import Bills, Strong Dollar

SEOUL, July 23 (Korea Bizwire) — Foreign currency deposits at banks in South Korea shrank in June as importers paid bills and individuals sold the greenback amid a strong dollar, data showed on Friday. Residents’ outstanding foreign currency-denominated deposits had reached US$87.06 billion as of end-June, down $2.11 billion from the previous month, according to [...]

S. Korea’s Total Fertility Rate Lowest in the World for 3rd Consecutive Year

S. Korea’s Total Fertility Rate Lowest in the World for 3rd Consecutive Year

SEOUL, July 22 (Korea Bizwire) — South Korea’s total fertility rate, or the number of children each woman is expected to give birth to during her lifetime, was the lowest in the world for the last three years. The Korea Population and Health Welfare Association and the United Nations Population Fund (UNFPA) jointly published a [...]

Luggage Delivery Service from Jeju Airport to Hotels Up for Expansion

Luggage Delivery Service from Jeju Airport to Hotels Up for Expansion

SEJONG, July 22 (Korea Bizwire) — Luggage delivery services, which were once available only at Jeju Airport for delivering travelers’ luggage to hotels or other destinations, will now be made available to Jeju-bound tourists nationwide. The Ministry of Land, Infrastructure and Transport and Korea Airports Corp. announced Thursday that they will introduce the luggage delivery [...]