SEJONG, Nov. 14 (Korea Bizwire) — South Korea’s housing wealth gap continued to widen last year as expensive homes climbed further in value while lower-priced properties lost ground, according to new government data released Friday. The National Data Office said the price difference between the top 10 percent and bottom 10 percent of homes ballooned to [...]
SEJONG, Nov. 13 (Korea Bizwire) — Fewer South Koreans say they plan to give anything back when they’re gone. Only about one in five now say they would leave part of their estate to society, the lowest share in more than a decade of record-keeping. The figure—22.2 percent, according to the National Data Agency’s latest Social [...]
SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that South Korean doctors work more than 2,300 hours a year on average, prompting calls from the medical community for more accurate assessments of working conditions before the government determines future medical school quotas. At a conference hosted Wednesday by the Korean Medical Association’s Research [...]
SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]
SEOUL, Nov. 6 (Korea Bizwire) — The number of marriages between South Koreans and foreign nationals rose for a third consecutive year in 2024, continuing a steady recovery from the pandemic-era slump, government data showed Thursday. According to the Ministry of Data and Statistics, a total of 21,450 international marriages were registered last year, up about [...]
SEOUL, Nov. 6 (Korea Bizwire) — Nearly 70 percent of baby boomers living in the Seoul metropolitan area said they would be willing to relocate to regional areas if jobs at small and medium-sized enterprises were available, according to a survey released Wednesday by the Korea Economic Association (FKI). The survey, conducted in September by Mono [...]
SEOUL, Nov. 5 (Korea Bizwire) – The number of South Koreans that remain economically inactive rose from a year earlier in 2025, amid a steady increase in the number of people who say they have no particular reason for not working, government data showed Wednesday. A total of 16.22 million individuals had remained economically inactive [...]
SEOUL, Oct. 28 (Korea Bizwire) – The number of people employed in caregiving and nursing assistant services reached a record high in the first half of this year in line with the country’s aging society, government data showed Tuesday. As of April, 1.69 million people were employed in non-residential nursing assistant and caregiving services, up [...]
SEOUL, Oct. 27 (Korea Bizwire) — The number of young adults who grew up in state care seeking treatment for mental health problems has climbed sharply over the past five years, underscoring persistent challenges facing those transitioning to independent life, new government data shows. These young people, known in South Korea as “self-reliance preparation youths,” are [...]
SEOUL, Oct. 26 (Korea Bizwire) – A clear majority of South Koreans continue to view unification with North Korea as a national goal, even as doubts persist about the prospects for renewed diplomacy with Pyongyang, according to a government-commissioned survey released Sunday. Nearly 69 percent of respondents said unification remains either “very necessary” or “quite necessary,” [...]