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South Koreans’ Annual Working Hours Decrease By 200, Yet Still Significantly Exceed The OECD Average

South Koreans’ Annual Working Hours Decrease By 200, Yet Still Significantly Exceed The OECD Average

SEOUL, March 3 (Korea Bizwire) – The average annual working hours for South Koreans fell by nearly 200 hours over the past decade but still remain about 150 hours longer than the average of the Organization for Economic Cooperation and Development (OECD), data showed Sunday. According to statistics from the Ministry of Employment and Labor, [...]

South Korea’s Marriage Rates Plummet 40% in a Decade, Threatening Future Birthrates

South Korea’s Marriage Rates Plummet 40% in a Decade, Threatening Future Birthrates

SEOUL, Mar. 3 (Korea Bizwire) –In the last ten years, South Korea has seen a significant 40% decrease in the number of marriages, casting uncertainty on the premise of childbirth in a country where marriage traditionally precedes starting a family. Statistics Korea’s December 2023 population trends report and data from the Korean Statistical Information Service [...]

South Koreans Undergo Medical Radiation Exams at Rates Far Above Global Average

South Koreans Undergo Medical Radiation Exams at Rates Far Above Global Average

SEOUL, Feb. 19 (Korea Bizwire) –South Koreans are undergoing medical radiation examinations at an average of 6.8 times per person annually, a figure that significantly surpasses the global average. According to data released by the Korea Disease Control and Prevention Agency on February 18, the frequency of these exams has been on the rise for [...]

Number of Teenage Drug Offenders in Seoul Surges Fivefold to 235 Last Year

Number of Teenage Drug Offenders in Seoul Surges Fivefold to 235 Last Year

SEOUL, Feb. 15 (Korea Bizwire) – The number of teenagers caught for drug-related charges in Seoul spiked to 235 last year from 48 a year earlier, police data showed Thursday. The Seoul Metropolitan Police Agency released the data during a seminar held jointly with the Korean Association Against Drug Abuse to discuss ways to respond [...]

South Korea’s Elementary to High School Student Population Expected to Fall Below 5 Million by 2026

South Korea’s Elementary to High School Student Population Expected to Fall Below 5 Million by 2026

SEOUL, Feb. 12 (Korea Bizwire) – The number of elementary, middle and high school students in South Korea is expected to fall below the current 5-million level in the next two years, data from a state-run institute showed Monday, amid the country’s chronically low birthrates. The total number of the students is estimated to decline [...]

Report: Surge in Social Media Use, Decline in Reading Among 20-Year-Olds Over Past Decade

Report: Surge in Social Media Use, Decline in Reading Among 20-Year-Olds Over Past Decade

SEOUL, Feb. 12 (Korea Bizwire) – Twenty-year-olds spend much more time on social media now than the same age group a decade ago, whereas their monthly reading time declined, a report showed Monday. The Korean Educational Development Institute surveyed 5,705 people who turned 20 in 2021, and about 23 percent of them said they use [...]

Study Reveals Alarming Mental Health Crisis Among Graduate Students

Study Reveals Alarming Mental Health Crisis Among Graduate Students

  SEOUL, Feb. 12 (Korea Bizwire) – A recent study has highlighted the severe mental health challenges faced by graduate students, who endure stress on two fronts due to their dual roles as students and research workers. According to a report from the Korea Occupational Safety and Health Agency and the Empathy Occupational and Environmental [...]

Top 0.1% of Wage Earners in Seoul Averaged 1.4 Billion Won in 2022

Top 0.1% of Wage Earners in Seoul Averaged 1.4 Billion Won in 2022

SEOUL, Feb. 11 (Korea Bizwire) – The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won (US$1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon Province, data showed Sunday. According to the data compiled by the National Tax Service and released by Rep. Yang [...]

South Koreans Plan to Spend an Average of 520,000 Won on Lunar New Year Cash Gifts

South Koreans Plan to Spend an Average of 520,000 Won on Lunar New Year Cash Gifts

SEOUL, Feb. 9 (Korea Bizwire) – With the Lunar New Year approaching, South Koreans are setting aside an average of 520,000 won (about $440) per person for holiday cash gifts, commonly known as “sebaet don,” a recent survey has revealed. The survey, conducted by KB Kookmin Card, also found that over half of the respondents [...]

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]