Income Inequality Archives | Page 2 of 2

Income Inequality Growing in Seoul

SEOUL, May 26 (Korea Bizwire) – A new report says the South Korea capital of Seoul has much worse income inequality than any other place in the country, with one in eight adolescents doing literally nothing. According to the 2015 report on Seoul’s social welfare by the Seoul Institute released yesterday, the top 10 percent in [...]

Korean Income Inequality Worsens with Age: Study

SEOUL, Sept. 12 (Korea Bizwire) – A recent study by the Korea Labor Institute (KLI) revealed that Korea suffers among the highest levels of income inequality for its senior citizens (amongst OECD member nations), with four in 10 elderly laborers struggling with below-minimum-income wages. In the KLI report “Changes in Employment of the Elderly and [...]