SUWON, March 24 (Korea Bizwire) — The risk of contracting depression is higher among people in the lowest income tier due to COVID-19, depending on their respective economic circumstances, a study showed Thursday. The Gyeonggi Research Institute conducted a survey of 2,000 people living in 17 cities and provinces in the country, which showed the [...]
SEOUL, March 21 (Korea Bizwire) — People with lower income and educational backgrounds are more reluctant to raise their voices in society, a study indicated Monday. The Korea Institute for Health and Social Affairs conducted a survey of 8,174 people between the ages of 19 and 59 and asked them whether they talk to others [...]
SEOUL, Jan. 26 (Korea Bizwire) — Children and teenagers from households with lower incomes have lower satisfaction in engaging with family members and friends, a government report has showed. Statistics Korea conducted a survey of children and teens between 9-18 years of age in 2020, which showed that the satisfaction level of engaging with family [...]
SEOUL, Jan. 26 (Korea Bizwire) — Only a small percentage of people in their mid- or later stages of life believe that they can be financially independent, without any help from the state, social groups and family members, a survey showed Wednesday. The National Pension Research Center conducted a survey of 4,024 households (6,392 people) [...]
SEOUL, Jan. 20 (Korea Bizwire) – Assortative mating inequality in South Korea is lower than in other countries while the proportion of single-person or single-parent households in the country is also lower than in other nations, a central bank report said Thursday. In a recent study, the Bank of Korea reported that the Gini coefficient of [...]
SEOUL, Dec. 28 (Korea Bizwire) — Food delivery workers only take five days off every month but make less than 3 million won (US$2,360) in monthly net income, government data showed Tuesday. The Ministry of Land, Infrastructure and Transport reported that there were 237,188 people in the country working in the food delivery business, twice [...]
SEOUL, Nov. 22 (Korea Bizwire) — The lower income tier spent more than half of its disposable income on food in the third quarter of this year, with consumers directly exposed to surging prices, the statistics agency said Monday. Statistics Korea’s Household Income and Expenditure Survey showed that households located in the lower 20 percent [...]
SEOUL, Aug. 15 (Korea Bizwire) — The recent torrential rain that hit South Korea’s central region was responsible for the deaths of several people among society’s more vulnerable groups, and the socially vulnerable bear larger and more extensive mental damage, a study showed Sunday. Lee Yoo-bin from the Seoul National University Graduate School of Public [...]
SEOUL, Aug. 9 (Korea Bizwire) — The monthly income of life and non-life insurance planners has declined due to the worsening of the sales environment and the deterioration of channel competitiveness caused by the COVID-19 pandemic, a research institute said. According to the latest report published by the Korea Insurance Research Institute, the average monthly [...]
SEOUL, May 10 (Korea Bizwire) — More than 15 percent of households in South Korea are unable to balance their budget, a local think tank said. According to the last year’s study on household finance and welfare conducted by the Korea Institute of Finance, 17.2 percent (3.54 million) of the 20.52 million households in the [...]