SEOUL, Dec. 8 (Korea Bizwire) — The portion of single-member households in South Korea surpassed 30 percent of the total for the first time in 2019, data showed Tuesday, amid a delay in marriage and rapidly aging population. One-person families accounted for 30.2 percent of the total last year, up 29.3 percent from the previous [...]
SEOUL, May 26 (Korea Bizewire) — Single-member households in South Korea remain vulnerable to poverty despite increased state employment projects and fiscal spending, a report said Tuesday. The relative poverty rate of such households, referring to the percentage of people with income below 50 percent of the median income, edged down to 51.3 percent in [...]
SEOUL, May 10 (Korea Bizwire) — South Korea’s restaurant industry has been shrinking at a fast clip due to a rise in the number of one-person households and other unfavorable factors, government data showed Thursday. The number of restaurant owners stood at 729,724 in December last year, down 0.51 percent, or 3,718, from the previous [...]
SEOUL, Aug. 2 (Korea Bizwire) — The sales of small-sized food products jumped in the first half of this year on rising demands from one-person households, industry data showed Wednesday. According to E-Mart Inc., South Korea’s largest discount chain operator, sales of small fruit containers rose 71.9 percent on-year in the January-July period. Auction, a [...]
SEJONG, June 21 (Korea Bizwire) – The number of one-person families continued to rise in South Korea last year amid the fast-spreading trend of people remaining single, government data showed Wednesday. Households consisting of a single member totaled 5.28 million in 2016, up 3.3 percent, or 169,000, from the previous year, according to the data [...]