SEOUL, Dec. 26 (Korea Bizwire) —In the ever-evolving economic landscape of South Korea, Millennials—those born in the 1980s—have emerged as a cornerstone of the nation’s financial vitality. According to a new report from Woori Financial Group, this generation is navigating a delicate balance between robust earnings, strategic investments, and cautious spending, all while reshaping economic [...]
SEOUL, Nov. 27 (Korea Bizwire) — A post shared by a small business owner (referred to as A) on an online forum has sparked a wave of support from others in the same sector, many expressing frustration with the behavior and work ethic of the millennial generation, particularly those in their 20s. A voiced disappointment [...]
SEOUL, March 28 (Korea Bizwire) — Members of the MZ generation, who are often portrayed in the media as possessing picky, individualistic tendencies, actually display considerable diversity and deviate from such inclinations, a study indicated Monday. The “MZ generation” refers to a pairing of two groups — millennials born between the early 1980s and the [...]
SEOUL, July 18 (Korea Bizwire) — South Korean millennials used online shopping portals more than any other generation while members of Generation X were the most prolific users of TV home shopping for the past three years, a survey showed Sunday. The Korea Information Society Development Institute (KISDI) conducted a survey of the 4,171 households [...]
SEOUL, Dec. 28 (Korea Bizwire) — The “MZ generation” is a Korean term refers to millennials and Generation Z but a recent smartphone usage analysis showed that the lifestyle of the two groups is distinctively different. Local pollster Open Survey conducted on an online survey of 600 millennials and 600 people from Generation Z, which [...]
SEOUL, Dec. 17 (Korea Bizwire) — The “MZ generation,” a Korean term referring to millennials and Generation Z, are relatively more rigorous in terms of managing their retirement pensions, a survey showed Thursday. Mirae Asset Global Investments, a South Korean asset management firm, conducted a study of 1,000 office workers born between 1982 and 1996 [...]
SUWON, Dec. 7 (Korea Bizwire) — Millennials and members of Generation Z, often referred to together as the MZ generation in South Korea, have different values about leisure, a study showed Monday. The Gyeonggi Research Institute, a think tank run by the government of Gyeonggi Province, conducted a survey of 16,000 households last year to [...]
SEOUL, Dec. 28 (Korea Bizwire) — ‘Grandma style’ is becoming a new trend among millennials. The so-called ‘halmennial,’ a new term that combines a Korean expression for ‘grandma’ with millennial, is becoming a new keyword of the generation as they become more intrigued by the retro style of life. Searching for the term ‘grandma food’ [...]
SEOUL, Dec. 24 (Korea Bizwire) — More than 7 in 10 millennials believe buying a home is necessary, but most don’t have high enough incomes to do so, a recent study showed. Mirae Asset Investment and Pension Center conducted a nationwide survey of 700 men and women between 25 and 39 years of age, 70.6 percent [...]
SEOUL, Sept. 24 (Korea Bizwire) — As the popularity of over-the-top (OTT) platforms continues to expand, recent data shows that roughly two-thirds of Generation Z South Koreans between 15-24 years of age were found to be watching videos via OTT services more than on TV. SK Telecom Co. reported on Wednesday that 62.5 percent of Generation [...]