SEOUL, Aug. 8 (Korea Bizwire) — A recent survey has highlighted significant challenges disabled individuals face when using self-service kiosks in South Korea, with many preferring to order through human assistance rather than automated systems. The findings, released by the Ministry of Health and Welfare on August 8, were part of a study assessing the [...]
SEOUL, Aug. 8 (Korea Bizwire) — A growing number of young South Korean professionals say they are willing to change jobs solely for a salary increase, underscoring rising dissatisfaction with pay across age groups. According to a new survey released Thursday by job portal JobKorea, 43.1% of workers in their 20s said they would switch [...]
SEOUL, Aug. 7 (Korea Bizwire) — A recent Billboard survey reveals that while a significant share of U.S.-based K-pop fans are spending heavily on albums and merchandise, far fewer are attending live concerts—a disconnect shaped largely by geography and cost. According to the report titled “K-POP Fandom in the U.S.”, 41% of American K-pop fans spend [...]
SEJONG, August 6 (Korea Bizwire) — South Korea’s elderly workforce continues to grow, with the number of economically active people aged 55 to 79 surpassing 10 million for the first time, fueled by longer life expectancies, rising living costs, and inadequate pension income, according to new government data released Tuesday. The report, published by Statistics [...]
SEOUL, August 6 (Korea Bizwire) — South Korea’s top 100 publicly listed companies have significantly ramped up shareholder returns, with total payouts rising by more than 35% over the past two years, according to new data released Wednesday by corporate tracker CEO Score. The report found that shareholder returns — including dividends and share buybacks [...]
SEOUL, August 6 (Korea Bizwire) – A new study by South Korea’s National Pension Research Institute has challenged a widely held assumption that the country’s economic and labor trends will eventually converge with those of advanced economies like the United States and Japan. In a report titled “A Study on the Convergence of Demographic and [...]
Highland growers in Gangwon face mounting losses as warming temperatures and extreme weather push summer cabbage to the brink GANGNEUNG, August 5 (Korea Bizwire) — Once known for its cool summer breezes and starlit skies, the alpine cabbage fields of Anbandegi in Gangwon Province—South Korea’s largest high-altitude farming zone—are now at the frontline of climate [...]
Experts call for targeted, integrated mental health strategies as older adults face higher suicide risk and lower access to care SEOUL,August 5 (Korea Bizwire) — More than 18,000 South Koreans aged 65 and older died by suicide over the past five years, averaging more than 10 deaths per day, according to new findings that highlight [...]
SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s largest companies now employ more workers in their 50s than in their 20s, a demographic shift that underscores slowing youth hiring amid persistent economic headwinds. As of the end of 2024, employees in their 20s accounted for 19.8% of the workforce at 124 major companies tracked [...]
Experts call for stronger protections as digital surveillance expands beyond physical boundaries SEOUL, August 5 (Korea Bizwire) — As digital technologies reshape the nature of personal relationships, experts are warning that South Korea’s legal system is falling behind in protecting victims of online stalking—an increasingly pervasive form of tech-enabled coercive control. In a recent paper [...]