SEOUL, May 7 (Korea Bizwire) — A significant number of office workers have experienced wage cuts due to the coronavirus pandemic, a recent survey showed. Incruit, an online job portal, conducted a survey of 576 office workers, 41.8 percent of whom saw their wages cut due to the coronavirus, mainly due to unpaid leave (16.3 [...]
SEOUL, April 27 (Korea Bizwire) — Some 47.5 percent of South Korean workers saw their income fall due to the coronavirus outbreak that has infected more than 10,000 here, a survey showed Monday. Among those on temporary work contracts, 66.3 percent suffered an income loss, while the corresponding figure was 35 percent for permanent employees, [...]
SEOUL, March 20 (Korea Bizwire) — The average number of dates increases in proportion to income, a recent study revealed. DUO, a matchmaking agency, conducted a survey of 1,000 single adults in South Korea, recording a happiness score of 54.03 points out of 100, which was down by 1.67 points since last year. The score [...]
SEOUL, Feb. 25 (Korea Bizwire) — A recent study has found that South Koreans in their 50s and older have cut spending due to anxiety over their income in their retirement years, contributing to the overall decline in the country’s propensity to consume. In a report released Monday, the Bank of Korea (BOK) analyzed the [...]
SEOUL, Feb. 18 (Korea Bizwire) — The average monthly wage of North Korean defectors living in South Korea exceeded 2 million won (US$1,684) for the first time last year, the unification ministry said Tuesday. Defectors earned 2.04 million won (US$1,720) per month on average in 2019, compared with 1.89 million won in 2018, according to [...]
SEOUL, Jan. 22 (Korea Bizwire) — South Koreans differ on self-perception about health depending on the amount of income they receive, a recent study revealed. The Ministry of Health and Welfare conducted a survey of 13,000 members of 6,000 households over 15 years of age, 53.9 percent of whom regarded themselves as ‘healthy’. Only 30.9 [...]
SEOUL, Sept. 22 (Korea Bizwire) — The average annual salary of wage earners rose 4.6 percent in 2018 from a year earlier, a think-tank report showed Sunday, with the income gap between conglomerates and small businesses also narrowing over the period. South Korean wage workers earned 36.3 million won (US$30,543) annually on average last year, [...]
SEOUL, Aug. 28 (Korea Bizwire) — Lower income raises the mortality rate among patients with high blood pressure (HBP), a recent study has revealed. Researchers at Yonsei University College of Medicine monitored the mortality rate among 1.65 million patients between the ages of 30 and 80 diagnosed with HBP between 2004 and 2007 over the [...]
SEOUL, Jul. 23 (Korea Bizwire) — A person’s outlook on his or her own life expectancy is gloomier for those who are married or low income earners. A research team from Seoul National University Hospital revealed on Monday the results of a survey of 1,005 participants conducted between August and September 2016. The team collected [...]
SEOUL, Apr. 12 (Korea Bizwire) — South Korean workers affected by the mandatory 52-hour workweek have suffered an income reduction of about 44,000 won (US$39) per month, a government report said Friday. According to the report by the state-run Korea Labor Institute, the number of overtime hours worked by employees of companies subject to the [...]