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S. Korea’s Air Passenger Traffic Falls 7.7 pct in 2021

S. Korea’s Air Passenger Traffic Falls 7.7 pct in 2021

SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s air passenger traffic fell 7.7 percent in 2021 from a year earlier due to the prolonged COVID-19 pandemic, the transport ministry said Thursday. A total of 36.36 million passengers, including 3.21 million on international routes, flew with full-service and low-cost carriers in 2021 mainly for business purposes, [...]

Over 3 in 10 Out-of-school Children at Risk of Suicide: Survey

Over 3 in 10 Out-of-school Children at Risk of Suicide: Survey

SEOUL, Feb. 2 (Korea Bizwire) — More than three in 10 children out of school have been suffering depression, being at risk of possibly taking one’s own life, a survey showed Wednesday. The National Youth Policy Institute (NYPI) found through a survey that 35 percent and 29 percent of out-of-school children were experiencing depression and [...]

Number of Young People Employed to Shrink to 42.5 pct of 2021 Level by 2050

Number of Young People Employed to Shrink to 42.5 pct of 2021 Level by 2050

SEOUL, Jan. 31 (Korea Bizwire) — The number of young people employed is forecast to shrink to 42.5 percent of the 2021 level by 2050, a report showed Monday, renewing concerns that the fast-aging demographic transition could pose a drag on South Korea’s economy. According to the recent report by the National Assembly Budget Office, [...]

Cigarette Sales in S. Korea Stay Flat in 2021 On-year amid Pandemic

Cigarette Sales in S. Korea Stay Flat in 2021 On-year amid Pandemic

SEOUL, Jan. 28 (Korea Bizwire) — Sales of cigarettes in South Korea almost remained unchanged last year from a year earlier, but demand for electronic cigarettes rose amid the protracted pandemic, the finance ministry said Friday. South Korean smokers purchased 3.59 billion 20-cigarette packs in 2021, similar to the number logged the previous year, according [...]