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Surge in Dual-Income and Single-Person Households Signals Shift in South Korea

Surge in Dual-Income and Single-Person Households Signals Shift in South Korea

SEOUL, Jun. 18 (Korea Bizwire) –South Korea is witnessing a significant rise in both dual-income and single-person households, reflecting societal shifts in the country’s demographics and economic landscape. According to Statistics Korea, out of the 12.69 million households with spouses last year, 6.12 million (48.2%) were dual-income households, marking a 2.1 percentage point increase from [...]

Study Shows Sharp Increase in Single-person Households

Study Shows Sharp Increase in Single-person Households

SEOUL, Jun. 23 (Korea Bizwire) — As more young people are putting off getting married or avoiding civil unions altogether, a survey has revealed that the number of single-person households is rising quickly, especially centered around those in their late 20s. In addition, new statistics show that despite a decreasing number of temporary workers and [...]