SEOUL, Feb. 6 (Korea Bizwire) – Song, a 32-year-old bride-to-be, was taken aback by a series of unexpected additional costs for her wedding, which exceeded her initial budget by millions of won. She had initially estimated about 30 million won for the venue, “Ssudeme” (a package including studio photoshoot, dress, and makeup), and honeymoon, but the [...]
SEOUL, Feb. 5 (Korea Bizwire) – A recent analysis has revealed that the average cost of getting married in South Korea now exceeds 300 million won, with the price of a new couple’s home making up 79% of the total expenses. Despite this, additional costs such as dowries have also proven to be significant, exceeding 20 [...]
SEOUL, Nov. 21 (Korea Bizwire) — One out of every 6 South Korean married women suffered a career break during the first half of the year due mainly to pregnancy and child-rearing, data showed Tuesday. The number of married women aged 15-54 who stopped working during the January-June period came to 1.34 million, according to [...]
SEOUL, Oct. 16 (Korea Bizwire) – It appears that there is some validity to the notion that living in a metropolitan area can be advantageous for employment but less favorable for marriage. A study focused on young adults who were raised in metropolitan areas like Seoul and Gyeonggi Province and pursued their education in these areas indicates [...]
SEOUL, Aug. 29 (Korea Bizwire) — The percentage of young adults who hold a favorable view of marriage has significantly decreased compared to a decade ago, a survey showed Monday. According to a survey conducted by Statistics Korea, only 36.4 percent of young adults expressed a positive attitude towards marriage in May 2022, marking a [...]
SEOUL, Aug. 23 (Korea Bizwire) — About one-third of households in South Korea with members in their 30s and 40s, along with children, purchased their initial home before marriage, a government think tank said Tuesday. The Korea Research Institute for Human Settlements conducted a survey involving 3,042 households whose members fall within the age range [...]
SEOUL, May 16 (Korea Bizwire) — The number of matchmaking agencies reportedly spiked during the pandemic due to challenges in organizing offline dates, leading to a trend of assessing potential partners’ backgrounds and requirements before arranging meetings. There were 1,841 matchmaking agencies in the country as of February, representing a 17.1 percent increase from the [...]
SEOUL, March 23 (Korea Bizwire) — Half of South Koreans viewed marriage as unessential and nearly 60 percent of those in their 10s and 20s said childbirth after marriage is not a must, a government report showed Thursday, illustrating the country’s demographic crisis amid a record-low birthrate. Only 50 percent of South Koreans aged 13 [...]
SEOUL, March 21 (Korea Bizwire) — With Koreans getting married at older ages due to shifts in values and demographic circumstances, brides in their early 40s now outnumber those in their early 20s, data showed Monday. According to Statistics Korea’s Korean Statistical Information Service (KOSIS), 10,949 women between the ages of 40 and 44 got [...]
SEOUL, Feb. 26 (Korea Bizwire) — Only 4 percent of single South Korean women in their 20s and early 30s view marriage and childbirth as essential, a survey showed Sunday, a development that illustrated the chronic decline in childbirths in Asia’s fourth-largest economy. Meanwhile, 12.9 percent of single men in the same age bracket agreed [...]