SEJONG, June 20 (Korea Bizwire) – More than 60 percent of South Korean couples in their 30s and 40s now live in dual-income households, reflecting shifting work-life dynamics as economic pressures and evolving gender roles reshape family life. Meanwhile, single-person households continue to surge, surpassing 8 million for the first time, according to new government [...]
SEJONG, Dec. 13 (Korea Bizwire) – Research has revealed that though dual-income households receive more assistance from the wife’s parents, it is the husband’s side of the family that were given greater economic support. Last year, help from the wife’s side of the family accounted for 19 percent, while the husband’s amounted to 7.9 percent. [...]
SEOUL, Korea, April 16, 2014 (Korea Bizwire) – Today there are as many 5.1 million dual-income households in Korea. Although some of them take their children to daycare centers nearby for a fee, still the majority of them rely on the care of their parents who are typically in their 60s and 70s. For grandfathers [...]