Home-owning, Employed Young Koreans More Positive Towards Marriage | Be Korea-savvy

Home-owning, Employed Young Koreans More Positive Towards Marriage


An undated file photo of a wedding ceremony in Seoul (Yonhap)

An undated file photo of a wedding ceremony in Seoul (Yonhap)

SEOUL, Dec. 22 (Korea Bizwire)Home-owning young South Koreans have more positive views toward marriage than those who do not own a home, the statistics agency said Wednesday.

Statistics Korea analyzed the statistical data of the unmarried South Korean population between the ages of 19 and 34 as stipulated in the Social Survey 2020, in which 35 percent of young, employed South Koreans had positive views toward marriage.

In contrast, only 30.2 percent of unemployed South Koreans had positive views about marriage.

The data also showed that 38.9 percent of home-owning young South Koreans and 33.8 percent of those who do not own a home had positive views toward marriage.

A majority of respondents, however, had no preference toward marriage regardless of whether they had a home or a job.

Last year, 14.2 percent of young South Koreans were with a spouse, down from 15.1 percent in 2020, and 8 percent owned a home, up by 0.7 percentage points.

The number of personal businesses registered by young South Koreans reached 525,000 last year, among which 158,000 opened at some point during the year. The total number was 3.6 percent higher than the year before.

Sorted by industry, a majority of young South Koreans opened up retail businesses based on electronic transactions, stepping up from second place in 2015.

H. M. Kang (hmkang@koreabizwire.com)

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