SEJONG, Oct. 24 (Korea Bizwire) – According to a new report released by the National Assembly’s Budget and Policy Office, South Korea’s youth population is facing a significant decline, with an estimated 50 percent reduction by the year 2040 if the current low fertility rate persists. The report titled “Estimation of Total Population Reflecting Recent [...]
SEOUL, Oct. 24 (Korea Bizwire) –A recent survey revealed that more than half of delivery workers have seen a reduction in their income since the onset of the COVID-19 pandemic. The study, conducted online by the Delivery Platform Workers’ Union and the National Legislative Center over the course of a month, beginning on July 24th [...]
SEOUL, Oct. 24 (Korea Bizwire) — The amount of drugs seized before being smuggled into South Korea jumped 30 percent on-year during the first nine months of 2023, the customs agency said Tuesday. The number of smuggling attempts fell 11 percent to 501 cases during the cited period, but the average volume involved in each [...]
SEOUL, Oct. 24 (Korea Bizwire) — The number of non-regular workers in South Korea inched down in 2023 as the country lost temporary contracts mainly in the construction and retail sectors amid an economic slowdown, data showed Tuesday. The number of non-regular workers, including people working part-time and on temporary contracts and outsourced laborers, came [...]
SEOUL, Oct. 24 (Korea Bizwire) — The public’s perception of safety from crimes declined last year compared with the previous year due mainly to the occurrence of several high-profile violent crimes, a ruling party lawmaker said Tuesday. The public’s perceived safety from crimes in 2022 was rated at 83 points, down 0.4 from 2021, Rep. [...]
SEOUL, Oct. 20 (Korea Bizwire) – Close to half of all law school students in South Korea were found to be high-income earners. In some law schools, the proportion of high-income students exceeded 70 percent. According to data from the Korea Student Aid Foundation regarding the income status of law school students for the 2022-2023 period, 44 [...]
SEOUL, Oct. 19 (Korea Bizwire) – A total of 2,154 infants born in the country between 2015 and 2022 were not documented after birth, the state audit agency said Thursday. The Board of Audit and Inspection (BAI) disclosed the findings during its routine audit of the health ministry, in the wake of a series of [...]
SEOUL, Oct. 18 (Korea Bizwire) – More than half of this year’s apartment buyers are in their 30s and 40s, and there is a growing preference for ‘chopuma’—a term used to describe apartment complexes adjacent to elementary schools. According to the Korea Real Estate Board on Tuesday, the total number of individuals who purchased apartments nationwide in [...]
SEOUL, Oct. 17 (Korea Bizwire) – A recent survey has revealed that each South Korean household possesses at least one unused mobile phone, along with an average of 11 chargers and cables for electronic appliances. On October 13, a day before International E-Waste Day, Green Korea United unveiled the results of a survey conducted with the participation [...]
SEOUL, Oct. 16 (Korea Bizwire) – It appears that there is some validity to the notion that living in a metropolitan area can be advantageous for employment but less favorable for marriage. A study focused on young adults who were raised in metropolitan areas like Seoul and Gyeonggi Province and pursued their education in these areas indicates [...]