SEOUL, May 20 (Korea Bizwire) — Older people were more likely to have suffered a decrease in income due to the coronavirus pandemic, a survey showed Thursday. In the survey conducted on 16,244 workers in 537 professions from August to November, 35.8 percent said they earned less in 2020 due to the economic fallout from [...]
SEOUL, Jan. 4 (Korea Bizwire) — A growing number of South Koreans are jumping into the food delivery business as cases are being reported of delivery personnel earning high incomes. Experts estimate that there are now more than 400,000 ‘food delivery bikers’ in South Korea to cope with spiking demand for food delivery following the [...]
SEOUL, Jan. 1 (Korea Bizwire) — At first glance, the world of YouTubers looks splendid as they earn decent incomes by uploading content of their choice. A deeper look, however, shows that income polarization is deepening. According to data released by the National Tax Service, the number of YouTubers who received business income from domestic [...]
SEOUL, Dec. 24 (Korea Bizwire) — More than 7 in 10 millennials believe buying a home is necessary, but most don’t have high enough incomes to do so, a recent study showed. Mirae Asset Investment and Pension Center conducted a nationwide survey of 700 men and women between 25 and 39 years of age, 70.6 percent [...]
SEOUL, Dec. 22 (Korea Bizwire) — A recent study revealed that roughly 4 in 10 smokers in South Korea decided to quit smoking after experiencing deteriorating health. The Korea Health Promotion Institution conducted an online survey of 1,031 male and female adults between the ages of 20 and 65 nationwide, 44.5 percent of whom picked [...]
SEOUL, Dec. 11 (Korea Bizwire) — A recent survey showed that the severity of cancer at the time of initial diagnosis differs by the patient’s income. All.Can Korea, a civic group devoted to tackling inefficient environments for treating cancer, conducted a survey of 495 cancer patients, 38.1 percent of whom had their first tumor discovered [...]
SEOUL, Nov. 2 (Korea Bizwire) — Subcontractors and freelancers saw their incomes drop by an average of 69.1 percent in the early days of the coronavirus pandemic, government data showed Monday. The labor ministry said it conducted a partial survey of the nearly 1.7 million workers who received emergency employment relief funds from the state [...]
SEOUL, Oct. 21 (Korea Bizwire) – Doctors rank at the top in terms of average income among professionals in South Korea. According to data that the National Tax Service submitted to the National Assembly on Tuesday, the incomes of individual medical business owners totaled 16.5 trillion won in 2018, with per-capita annual income averaged at [...]
SEOUL, Oct. 16 (Korea Bizwire) — Recent statistics have shown that those in the higher income classes have advantages in terms of overcoming infertility and realizing childbirth than those in lower income classes. A research team from the Ajou University Hospital analyzed 10,108 infertile women aged between 20 and 39 registered in the National Health [...]
SEOUL, Oct. 11 (Korea Bizwire) — YouTube content creators who work alone earned an average monthly income of 1.78 million won (US$1,540) last year, a ruling party lawmaker said Sunday. Fifty eight “one-person” YouTubers reported a combined annual income of 1.24 billion won ($1.07 million) to the tax authority in 2019, according to Rep. Yang [...]