low birth rate Archives | Be Korea-savvy
Less Spending on Food, More Spending on Health and Medical Care

Less Spending on Food, More Spending on Health and Medical Care

SEOUL, Nov. 19 (Korea Bizwire) — With a historically low birth rate and rapidly aging society, a surge in single-person households has meant that household grocery expenditures have been slashed almost by half in South Korea. According to a recent report from the Hana Institute of Finance affiliated with KEB Hana Bank that analyzed public [...]

South Korean Prime-Age Workers Diminishing Amid Highest Senior Employment Rate

South Korean Prime-Age Workers Diminishing Amid Highest Senior Employment Rate

SEOUL, May 8 (Korea Bizwire) – Prime-age workers, supposedly the most economically active group that earns and spends more than any other, are slowly disappearing from the South Korean job market, Statistics Korea said last Saturday. According to recent figures from the government statistics agency, the number of workers aged between 25 and 49 is [...]

Silent Marriage? 40 Percent of Married Couples Talk Less Than 30 min a Day

Silent Marriage? 40 Percent of Married Couples Talk Less Than 30 min a Day

  SEOUL, Oct. 30 (Korea Bizwire) – A recent study has revealed that four out of ten married couples in Korea talk less than 30 minutes a day with their spouses. Having a spouse that routinely comes home late and the use of smartphones were identified as the main causes of the phenomenon. The Planned [...]