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More S. Koreans Shun Marriage amid Economic Burden: Research

More S. Koreans Shun Marriage amid Economic Burden: Research

SEOUL, Nov. 28 (Korea Bizwire) — South Koreans are becoming less inclined to get married, research showed Wednesday, apparently due to the rising economic burden along with concerns over raising children. According to the research conducted by Daumsoft Inc., which analyzed keywords used on online communities and social media from January 2016 to September 2018, [...]

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

Proposed Law Has Divorced Spouses Sharing Pension Funds After One Year of Marriage

SEOUL, Nov. 19 (Korea Bizwire) — A new law that would entitle each spouse to half of the other’s national pension funds upon divorce after a marriage period of one year or longer is being pushed forth. Under current laws, couples must be married for five years of more to be entitled to the same [...]

Only 3 out of 10 Unwed Women Say “Marriage is Necessary”

Only 3 out of 10 Unwed Women Say “Marriage is Necessary”

SEOUL, Oct. 29 (Korea Bizwire) – A new survey has found that fewer South Koreans are clinging to the traditional notion that marriage is a necessity. According to statistics provided by a group of experts who advise the Presidential Committee on Ageing Society and Population Policy, the ratio of people who thought that “marriage was something that [...]

More Korean Women Live Alone, Think Less about Marriage

More Korean Women Live Alone, Think Less about Marriage

SEJONG, Jul. 2 (Korea Bizwire) — More than 2.84 million Korean women live alone, with growing numbers engaged in economic activities, data showed on Monday. According to the Ministry of Gender Equality and Family and Statistics Korea, one-woman households accounted for 49.5 percent of the total 5.74 million single-person households this year. The statistics agency [...]