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Number of S. Koreans Studying in China Dwindles 78 pct from 6 years Ago

Number of S. Koreans Studying in China Dwindles 78 pct from 6 years Ago

SEOUL, Dec. 25 (Korea Bizwire) – The number of South Koreans studying in China shrank 78 percent this year from six years earlier, data showed Monday, amid China’s stringent COVID-19 border shutdown and the slowing growth of the world’s second-largest economy. The number of South Koreans who were studying in Chinese colleges, graduate schools and [...]

Exports of Eco-friendly Cars Jump 33 pct to Record High This Year

Exports of Eco-friendly Cars Jump 33 pct to Record High This Year

SEOUL, Dec. 24 (Korea Bizwire) – South Korea’s exports of eco-friendly vehicles surged 32.5 percent on-year to a record high during the first 11 months of this year on solid global demand for electric vehicles (EVs), data showed Sunday. The export volume of eco-friendly automobiles came to 662,307 units during the January-November period, compared with [...]

Survey Reveals 40% of South Korean Workers Struggle with Poor Working Conditions

Survey Reveals 40% of South Korean Workers Struggle with Poor Working Conditions

SEOUL, Dec. 24 (Korea Bizwire) –A survey released on December 24 indicates that 40% of South Korean employees identified poor working conditions as the most challenging aspect of their jobs this year. Civic group Workplace Gabjil 119 conducted the survey from December 4 to 11 among 1,000 working adults aged 19 and above nationwide, revealing [...]

Small Firms Employ 80% of Foreign Workers in South Korea

Small Firms Employ 80% of Foreign Workers in South Korea

SEOUL, Dec. 24 (Korea Bizwire) – The number of foreign nationals having jobs in South Korea reached an all-time high of nearly 1 million this year, and nearly 80 percent of them were affiliated with companies with fewer than 50 workers, data showed Sunday. The number of foreigners aged 15 and older residing in the [...]

Commuting Patterns in South Korea Show Gender and Age Differences: Study

Commuting Patterns in South Korea Show Gender and Age Differences: Study

SEOUL, Dec. 22 (Korea Bizwire) – A recent study conducted by Statistics Korea in partnership with SK Telecom has revealed distinct commuting patterns among South Korean workers, with notable differences based on gender and age. The study, combining statistical registration data with SK Telecom’s telecommunication mobile location and movement information, offers new insights into the nation’s [...]

New Business Launches Decline for the Second Consecutive Year in 2022

New Business Launches Decline for the Second Consecutive Year in 2022

SEOUL, Dec. 21 (Korea Bizwire) – The number of newly established companies in South Korea fell for the second consecutive year in 2022 amid an economic slowdown, data showed Thursday. Some 997,000 businesses were newly established last year, down 3.5 percent from a year earlier, according to the data compiled by Statistics Korea. In 2021, [...]

Seoul Faces Serious Residential Segregation According to Housing Prices, Study Finds

Seoul Faces Serious Residential Segregation According to Housing Prices, Study Finds

SEJONG, Dec. 21 (Korea Bizwire) – A recent study has revealed a significant degree of residential segregation in Seoul, characterized by distinct divisions between high-priced and low-priced housing areas. The Korea Research Institute for Human Settlements released these findings in its report titled ‘Residential Segregation by Housing Prices and Policy Implications,’ which utilized publicly announced housing [...]

Regional Health Disparities Highlighted in Latest KDCA Survey

Regional Health Disparities Highlighted in Latest KDCA Survey

SEOUL, Dec. 20 (Korea Bizwire) – A recent community health survey conducted by the Korea Disease Control and Prevention Agency (KDCA) has revealed notable regional differences in health-related behaviors among South Koreans. The findings of the 2023 survey, released on September 19, show significant variations in physical activities, smoking, heavy drinking, and obesity rates across the [...]

Forklift Operator Tops List of Most Sought-After National Technical Qualifications in 2022 Job Postings

Forklift Operator Tops List of Most Sought-After National Technical Qualifications in 2022 Job Postings

SEOUL, Dec. 20 (Korea Bizwire) – A recent study conducted by the Human Resources Development Service of Korea revealed that ‘Forklift Operator’ emerged as the most frequently specified national technical qualification in job postings last year. The analysis, based on postings on the Worknet job information portal in 2022, identified a noteworthy increase of 17.6% from [...]

South Korea Sees Surge in ‘DINK’ Couples Among Newlyweds

South Korea Sees Surge in ‘DINK’ Couples Among Newlyweds

SEJONG, Dec. 19 (Korea Bizwire) – A recent statistical analysis has revealed that three out of every 10 newlywed couples who have married for the first time are double-income, no kids households (‘DINK’), outnumbering other types of couples.  According to the ’2022 Newlywed Couples Statistics’ released by Statistics Korea on December 18, out of the 815,357 [...]