SEOUL, Nov. 10 (Korea Bizwire) — South Korea reported job additions for the eighth straight month in October in the latest sign the country’s economic recovery has continued despite the fourth wave of the pandemic, data showed Wednesday. The number of employed people reached 27.74 million last month, 652,000 more than a year earlier, according [...]
SEOUL, Nov. 9 (Korea Bizwire) — Local governments across South Korea recorded steep budget deficits last year due to increased spending to cope with COVID-19, the interior ministry said Tuesday. According to an analysis by the ministry, the consolidated fiscal balance of 243 local governments for the fiscal year of 2020 recorded a deficit of [...]
SEOUL, Nov. 9 (Korea Bizwire) — The number of travel agencies in South Korea has declined nearly 6 percent over the past two years in the wake of the coronavirus pandemic, industry data showed Tuesday. There were 21,231 tour agencies in Asia’s fourth-largest economy as of end-September, down 6.1 percent from two years earlier, according [...]
SEOUL, Nov. 8 (Korea Bizwire) — The number of marriages between South Koreans and foreign spouses fell to a record low last year as the COVID-19 pandemic disrupted people’s cross-border movements, data showed Monday. The number of multicultural marriages came to 16,177 last year, down 34.6 percent, or 8,544, from a year earlier, according to [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s exports of fishery products grew 20.5 percent on-year in the first 10 months of this year, data showed Sunday. Outbound shipments of fishery products reached US$2.24 billion during the January-October period, compared to $1.86 billion tallied a year earlier, according to the data by the Ministry of [...]
SEOUL, Nov. 7 (Korea Bizwire) — Nearly 94 percent of South Koreans consider the climate crisis “serious,” but only half believe the issue is connected to human rights, a survey showed Sunday. According to the survey of 1,500 people commissioned by the National Human Rights Commission, 80.4 percent responded that they are interested in the [...]
SEOUL, Nov. 5 (Korea Bizwire) — More than four out of 10 North Koreans are suffering from undernourishment, a recent U.N. report showed, as the impoverished country struggles from chronic food shortages. According to the report by the Food and Agriculture Organization (FAO), 10.9 million people, or 42.4 percent of North Korea’s total population, were [...]
SEJONG, Nov. 4 (Korea Bizwire) — The number of nonwage workers, such as the self-employed, in South Korea inched down 0.4 percent in 2021 from a year earlier amid the coronavirus pandemic, government data showed Thursday. There were 6.61 million unsalaried workers as of August, down 292,000 from the same period in 2018, according to [...]
SEJONG, Nov. 4 (Korea Bizwire) — The number of South Koreans outside the labor force edged down 0.6 percent from a year earlier amid signs of an economic recovery, data showed Thursday. The number of non-economically active people, or those who have no willingness to work, came to 16.76 million as of end-August, down 106,000 [...]
SEOUL, Nov. 3 (Korea Bizwire) — Online shopping in South Korea hit a record high in September, led by solid demand for food delivery services and electronics goods amid the resurgence in COVID-19 cases, data showed Wednesday. The value of online shopping transactions stood at 16.2 trillion won (US$13.7 billion) in September, up 17 percent [...]