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A Company Only Elderly Eligible to Work Will Be Launched

A Company Only Elderly Eligible to Work Will Be Launched

Seoul, July 21 (Korea Bizwire) – A company where only ‘old folks’ are eligible to work will be launched. Dongjak-gu, a district in Seoul, announced on July 20 that they would establish a company called ‘Happiness for the Elderly Inc.’ that will employ elderly citizens over 60.  The district will be investing all of the [...]

Korean Adolescents Open to Non-Marital Relationships and Parenting

Korean Adolescents Open to Non-Marital Relationships and Parenting

SEOUL, May 2 (Korea Bizwire) — More than half of Korean adolescents are willing to live with their future partner without getting married to them, while 6 of 10 adolescents are distraught over various issues in their lives, especially about their studies, according to a survey conducted by Statistics Korea and the Ministry of Gender Equality [...]

What to Do with Young People Quitting Early to Make It on Their Own?

What to Do with Young People Quitting Early to Make It on Their Own?

SEOUL, Korea, Oct 21 (Korea Bizwire) – The turnover rate for office workers is quickly on the rise. According to data published by the Korea Employers Federation last year, the percentage of newly hired workers with college degrees to quit within one year of employment has shot up to 23.6 percent from 15.7 percent in [...]

Pohang City Leading Post-retirement Job Creation in Korea

Pohang City Leading Post-retirement Job Creation in Korea

POHANG, South Korea, Sept 04 (Korea Bizwire) – Pohang City has been so successful in supporting post-retirement job seekers that it is becoming a benchmark among several cities in Korea. Its market-driven characteristics are what made the projects gain much interest from job seekers and municipalities. One project, called ‘smiley shop,’ makes profit by collecting recyclable materials [...]

Korea EximBank Supports North Korean College Students’ Employment

Korea EximBank Supports North Korean College Students’ Employment

SEOUL, Korea, August 06 (Korea Bizwire) – Export-Import Bank of Korea (Korea EximBank) announced on August 5 that it will be donating 20 million won to college students that have defected from North Korea. Kim Yong-hwan, president of Korea EximBank presented the donation to Jang Hyong-ok, chairman of the Together Foundation, with four North Korean defector college [...]