SEOUL, Dec. 10 (Korea Bizwire) — Young South Koreans suffered more severe employment shock than older people during the pandemic and fresh college and high school graduates faced greater difficulty in finding jobs, a report showed Friday. The employment rate for Koreans aged 15-34 reached 50.5 percent in January, down from 52.8 percent a year [...]
SEOUL, Dec. 9 (Korea Bizwire) — Nearly half of recently newlywed couples in South Korea had no children, data showed Thursday, amid the country’s chronic low birthrate and changing social norms. Some 44.5 percent of the country’s 1.18 million couples, who were legally married in the five years up to November 2020, did not have [...]
SEOUL, Dec. 9 (Korea Bizwire) — Eight out of 10 families divided by the 1950-53 Korean War have yet to confirm the fate of their parents and siblings in North Korea, a government survey showed Thursday. According to the unification ministry’s poll on 5,354 separated family members living in South Korea and abroad, 82 percent [...]
SEOUL, Dec. 8 (Korea Bizwire) — A growing percentage of South Koreans are negative about parental responsibility for their children’s wedding expenses and post-marriage livelihoods, a report said Wednesday. The report was jointly written by the University of Seoul and the Korean Women’s Development Institute on the basis of public surveys conducted in 2010, 2015 [...]
SEOUL, Dec. 8 (Korea Bizwire) — The proportion of one-person households in South Korea hit a fresh record high last year as the number of such households has continued to increase amid a delay in marriage and rapid aging, data showed Wednesday. One-person families accounted for 31.7 percent of the total last year, up from [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Korea added the largest number of job positions in four years last year due to an increase in employment in the health, social welfare service and public administration sectors amid rapid aging, data showed Tuesday. The country’s total jobs reached 24.72 million last year, up 710,000, or 2.9 [...]
SEOUL, Dec. 7 (Korea Bizwire) — South Koreans are estimated to have spent more than 17 billion won (US$14.5 million) in purchasing contents by Disney+ less than a month since its launch here, data showed Tuesday. Payments to Disney+ in the country were estimated at 17.2 billion won for November, according to industry tracker WiseApp, [...]
SEOUL, Dec. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in October on the back of solid demand for food delivery services and electronic goods amid the COVID-19 pandemic, data showed Friday, in the latest sign that a growing number of people are using computers and mobile devices to buy [...]
SEOUL, Dec. 3 (Korea Bizwire) — New home permits in South Korea surged more than 24 percent in the first 10 months of the year amid high housing prices, government data showed Friday. Construction permits issued for new homes came to 405,704 units in the January-October period, up 24.4 percent from a year ago, according [...]
SEOUL, Dec. 1 (Korea Bizwire) — The average life expectancy of South Korean babies born last year reached 83.5 years, more than seven years longer than two decades ago, data showed Wednesday, amid improved public awareness about health and a better medical system. The average life expectancy at birth in 2020 was 2.4 months longer [...]