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1 in 6 Younger People Paid Below Minimum Wage Last Year

1 in 6 Younger People Paid Below Minimum Wage Last Year

SEOUL, April 24 (Korea Bizwire) – About 1 out of 6 young workers in South Korea were paid less than the country’s minimum wage last year, a private think tank said Sunday, pointing to tough working conditions facing young adults already struggling with high unemployment. According to the report by the Hyundai Research Institute, some [...]

Korean Youth Population is Decreasing and Unhappy

Korean Youth Population is Decreasing and Unhappy

SEOUL, July 12 (Korea Bizwire) – The National Statistical Office has recently published data on the youths of Korea: The population of youths is in a steady decrease and their life quality is not getting better. According to a report “2014 Statistics on Youths,” the proportion of youths in Korea’s population this year was 19.5 percent–the [...]