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Considerable Proportion of Marriage Unassociated with Income Level Lowers Income Inequality in S. Korea

Considerable Proportion of Marriage Unassociated with Income Level Lowers Income Inequality in S. Korea

SEOUL, Jan. 20 (Korea Bizwire) – Assortative mating inequality in South Korea is lower than in other countries while the proportion of single-person or single-parent households in the country is also lower than in other nations, a central bank report said Thursday. In a recent study, the Bank of Korea reported that the Gini coefficient of [...]

Home-owning, Employed Young Koreans More Positive Towards Marriage

Home-owning, Employed Young Koreans More Positive Towards Marriage

SEOUL, Dec. 22 (Korea Bizwire) — Home-owning young South Koreans have more positive views toward marriage than those who do not own a home, the statistics agency said Wednesday. Statistics Korea analyzed the statistical data of the unmarried South Korean population between the ages of 19 and 34 as stipulated in the Social Survey 2020, [...]

LG Uplus Offers ‘Non-Marriage’ Grant, First in Industry

LG Uplus Offers ‘Non-Marriage’ Grant, First in Industry

SEOUL, Nov. 25 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Thursday it will offer a “non-marriage” grant, similar to the company’s existing “marriage” grant, a first among large companies in the country. According to the company, the non-marriage grant system will take effect from the beginning of next year, [...]

Men and Women Have Different Thoughts About Penny-pinching Marriage Partner: Poll

Men and Women Have Different Thoughts About Penny-pinching Marriage Partner: Poll

SEOUL, Nov. 23 (Korea Bizwire) — Men and women have different perceptions of potential marriage partners who are well off but reluctant to spend their money, a survey showed Tuesday. Matchmaking firm Bien-Aller conducted a survey of 516 single men and women, in which 52.3 percent of men thought positively of wealthy women reluctant to [...]

17 pct of Women in S. Korea Experience Career Break Following Marriage: Data

17 pct of Women in S. Korea Experience Career Break Following Marriage: Data

SEOUL, Nov. 22 (Korea Bizwire) — Around 17 percent of South Korean women experienced a career break following their marriage this year, with child-rearing among the top reasons, data showed Tuesday. The number of women aged 15-54 who had stopped working after marriage had come to 1.39 million as of April, slightly down from 1.44 [...]

Rising Housing Prices Undermine Marriage and Childbirth: Study

Rising Housing Prices Undermine Marriage and Childbirth: Study

SEOUL, July 29 (Korea Bizwire) — Increases in the price of housing have a negative impact on the rate of marriage and childbirth, a report showed Thursday. The Korea Institute of Public Finance conducted a survey on employees at public agencies, which showed that a 100 percent rise in housing prices resulted in 0.1 to 0.3 [...]

Olympic Gold Medalist Figure Skater Kim Yu-na to Tie the Knot with Classical Singer

Olympic Gold Medalist Figure Skater Kim Yu-na to Tie the Knot with Classical Singer

SEOUL, July 25 (Korea Bizwire) — Olympic gold medalist figure skater Kim Yu-na will tie the knot with a classical singer in October, her management agency said Monday. Kim Yu-na and Ko Woo-rim will hold their wedding in Seoul in late October, according to All That Sports. It did not elaborate on the exact date [...]

Younger South Koreans Willing to Marry Regardless of Ethnicity: Poll

Younger South Koreans Willing to Marry Regardless of Ethnicity: Poll

SEOUL, July 21 (Korea Bizwire) — The vast majority of South Koreans believe that the country has already entered the era of a multicultural society, while the younger generation believes that they can marry anyone regardless of ethnicity, a poll showed Wednesday. Market researcher Embrain Trend Monitor conducted a survey of 1,000 men and women [...]