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S. Korea’s Unemployment in Slump Compared to OECD Improvement

S. Korea’s Unemployment in Slump Compared to OECD Improvement

SEJONG, Feb. 19 (Korea Bizwire) – South Korea’s unemployment rate remained high with no signs of recovery despite solid improvements in the job markets of other advanced economies last year, data showed Sunday. South Korea’s unemployment rate stood at 3.73 percent last year, according to data compiled by Statistics Korea. The numbers mark four straight [...]

S. Korea’s Antibiotics Prescriptions Still Most Among OECD Countries

S. Korea’s Antibiotics Prescriptions Still Most Among OECD Countries

SEOUL, Feb. 7 (Korea Bizwire) — South Korea remained the biggest consumer of antibiotics in 2016, topping the list among member states of the Organization for Economic Cooperation and Development (OECD), health records showed Wednesday. The defined daily dose (DDD), a measure of usage for antibiotics, was 34.8 in South Korea, meaning 34.8 out of [...]

Academic Resilience of Disadvantaged S. Korean Students Drops

Academic Resilience of Disadvantaged S. Korean Students Drops

SEOUL, Feb. 5 (Korea Bizwire) – The academic performance of South Korean students coming from underprivileged backgrounds has retreated over the past nine years, according to the latest findings of the OECD. The percentage of youngsters belonging to the bottom 25 percent socioeconomic stratum who attained scores equating to level 3 or above on 2015′s [...]

S. Korea Ranks 7th in OECD’s Science, Technology Capabilities Scale in 2017

S. Korea Ranks 7th in OECD’s Science, Technology Capabilities Scale in 2017

SEOUL, Feb. 1 (Korea Bizwire) – South Korea’s science and technology capabilities ranked seventh among the 34 member states of the Organization for Economic Cooperation and Development (OECD) in 2017, a state-run think tank said Thursday. The Korea Institute of S&T Evaluation and Planning (KISTEP) said the evaluation was based on a total of five categories: research environment, support from both [...]

S. Korea’s Fisheries Production Ranks 5th Among OECD Members

S. Korea’s Fisheries Production Ranks 5th Among OECD Members

SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s fisheries production was the fifth largest among members of the Organization for Economic Co-operation and Development (OECD) in 2015 and the government reduced the budget support for the local industry, the oceans ministry said Thursday. South Korea caught wild fisheries and aquatic plants worth $5.44 billion in [...]

S. Korean Public Servants Work up to 1,000 Hours More than Their OECD Counterparts a Year

S. Korean Public Servants Work up to 1,000 Hours More than Their OECD Counterparts a Year

SEOUL, Jan. 16 (Korea Bizwire) — South Korean public servants on around-the-clock duties, such as police and customs officials, work about 1,000 hours more a year than public workers in member countries of the Organization for Economic Cooperation and Development, a government survey showed Tuesday. According to the Ministry of Personnel and Management’s survey, government [...]