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Korean Children and Adolescents Rank Last in OECD Happiness Index

Korean Children and Adolescents Rank Last in OECD Happiness Index

SEOUL, May 3 (Korea Bizwire) – Korean children and adolescents scored the lowest in their self-reported sense of happiness as measured by the ‘Better Life’ index from the Organization for Economic Cooperation and Development (OECD). On May 2, Professor Yoo Shik Yum’s society improvement research laboratory at Yonsei University presented a report titled “2016 8th [...]

S. Koreans’ Meat Consumption Lags Behind OECD Average in 2014

S. Koreans’ Meat Consumption Lags Behind OECD Average in 2014

SEJONG, April 15 (Korea Bizwire) – South Koreans’ meat consumption has increased a large extent for the past few decades but still lags far behind the average intake of other advanced countries, a government report showed Friday. According to the report from the Ministry of Agriculture, Food and Rural Affairs, the country’s annual per-capita consumption [...]

S. Korea’s ICT Trade Surplus Highest Among OECD Members

S. Korea’s ICT Trade Surplus Highest Among OECD Members

SEOUL, Dec. 2 (Korea Bizwire) - South Korea’s trade surplus in the ICT segment outpaced those of members of the Organization for Economic Cooperation and Development (OECD) in the first half, data showed Wednesday, posting robust performances despite the global economic slump. According to the data compiled by the Institute for Information & Communications Technology Promotion, [...]

In Korea, Looks Count – Even for Kids

In Korea, Looks Count – Even for Kids

The proportion of those who have a distorted body image was 18.8 percent among females and 13.4 percent among males. (Image : Pixabay) SEOUL, Nov.10 (Korea Bizwire) – Under a social atmosphere that pressures Korean girls to have slender bodies, even young girls are forcing themselves to follow strict diets. In addition to teenagers, children [...]

Koreans Lead the Least Satisfying Lives Among OECD Countries

Koreans Lead the Least Satisfying Lives Among OECD Countries

SEOUL, Oct. 21 (Korea Bizwire) – A recent report has found that the quality of life among Koreans was the lowest compared to other members of the OECD. According to a report issued by the OECD entitled ’2015 How’s life?’, the satisfaction level with life among Koreans was 5.80 out of 10, which was lower than [...]

S. Korea Ranks Low on OECD’s Life-quality Ranking: Report

S. Korea Ranks Low on OECD’s Life-quality Ranking: Report

SEJONG, Sept. 18 (Korea Bizwire) — South Korea ranked relatively low among members of the Organization for Economic Cooperation and Development (OECD) in terms of the quality of life mainly due to a lack of satisfaction felt by people in their everyday lives, a report showed Thursday. According to the Korea Institute for Health and [...]

Korea Shows Largest Pay Gap between Locals and Foreigners among OECD Peers

Korea Shows Largest Pay Gap between Locals and Foreigners among OECD Peers

SEOUL, Sept. 10 (Korea Bizwire) – The wage disparities between native and foreign workers in Korea topped a list of major countries, hinting that Korea shows the strongest wage discrimination against foreigners. According to the OECD Employment Outlook 2015 released on September 9, in Korea, native-born workers earn 1.55 times more than foreign-born workers, the [...]

Korea’s Tax Revenue Growth Fails to Keep Up with Economic Expansion

Korea’s Tax Revenue Growth Fails to Keep Up with Economic Expansion

SEOUL, Sept. 2 (Korea Bizwire) — South Korea’s tax revenue growth has failed to keep up with its economic expansion, a lawmaker said Wednesday, calling for the “normalization” of the country’s corporate income taxes. Citing a report by the National Assembly Budget Office, Rep. Park Kwang-on of the main opposition New Politics Alliance for Democracy said [...]