SEOUL, March 27 (Korea Bizwire) — Millennials, born between 1985 and 1996, consider pets to be their friends, while baby boomers, born between 1955 and 1964, see them as children. LOTTE Members, operator of membership reward service L.POINT, conducted a nationwide survey of 600 men and women between 23 and 64 years of age, which [...]
SEOUL, March 25 (Korea Bizwire) — Millennial job seekers prefer companies where they can engage in tasks they like, rather than companies offering a high annual salary. JobKorea, a local job search portal, conducted a survey of 790 job seekers born between 1980 and the 2000s, 41.9 percent of whom said they want to work [...]
SEOUL, Dec. 30 (Korea Bizwire) — A business forecast argues that consumers including millennials, women, and seniors, and enterprises focusing on digital innovation will lead business trends in the 2020s. Woori Finance Research Institute, a research unit of Woori Financial Group, introduced seven keywords for future business in a report released on Sunday. The seven [...]
SEOUL, Dec. 6 (Korea Bizwire) — Eco-boomers, children of the Baby Boom generation, are rising as new consumers in the housing market. Eco-boomers refers to offspring of 7.2 million baby boomers (born between 1955 and 1963) at the age of 22 to 40 (born between 1979 and 1997). They are also known as the Generation [...]
SEOUL, Aug. 8 (Korea Bizwire) — The number of single-bedroom share houses is increasing sharply in line with demand from the millennials, with many young South Koreans prioritizing independence from their parents. According to a survey conducted by the house-sharing portal Come&Stay Co., the number of single-person rooms grew by about 83 percent compared to [...]
SEOUL, Jul. 9 (Korea Bizwire) — If you are a millennial living in a country like South Korea, Denmark, China, or India, chances are you’re facing stiff competition in the job market despite having gone to college or university. With more young people than ever being encouraged to pursue higher education, university degrees are becoming less [...]
SEOUL, July 21 (Korea Bizwire) – In the United States, the world’s largest consumer market, baby boomers, Hispanics, and millennials, have fast emerged as the three most power consumer groups. The Korea Trade-Investment Promotion Agency recommended to Korean consumer goods exporters that they must come up with marketing strategies that take into account these changes. In [...]
DENVER, July 17, 2014 (Korea Bizwire)–Millennials have embraced the Bring-Your-Own-Device and Bring-Your-Own-Application revolution like no other generation in the workplace, a new study from TrackVia shows. Nearly 70 percent of all Millennials admit to bringing applications from outside the enterprise to support their work, going against corporate policies, versus just 31 percent of Baby Boomers. [...]