pandemic Archives | Be Korea-savvy
Employers Hire More Irregular Workers to Fend off Uncertainty in Pandemic Era

Employers Hire More Irregular Workers to Fend off Uncertainty in Pandemic Era

SEOUL, Nov. 30 (Korea Bizwire) — Employers have resorted to hiring irregular workers to minimize uncertainty in the pandemic era, a study showed Monday. The Korea Labour and Society Institute analyzed data provided by Statistics Korea to show that the number of wage workers reached 20.99 million people in August of this year, up by [...]

Nearly Half of Hospitality Firms Marginal in 2020 amid Pandemic

Nearly Half of Hospitality Firms Marginal in 2020 amid Pandemic

SEOUL, Nov. 29 (Korea Bizwire) — Nearly half of South Korean hospitality companies were unable to service their debts with earnings in 2020 in the wake of the coronavirus pandemic, a report showed Monday. The report from the Federation of Korean Industries (FKI), the lobby for South Korea’s family-controlled conglomerates, showed 45.4 percent of firms [...]

Koreans Increasingly Rely on Homewear, Home Cooking and Convenience Stores in Pandemic Era

Koreans Increasingly Rely on Homewear, Home Cooking and Convenience Stores in Pandemic Era

SEOUL, Nov. 24 (Korea Bizwire) — As people continue to stay indoors in the pandemic era, South Koreans have increasingly become used to so-called homewear, home cooking and going to convenience stores near home. Shinhan Card Co., a major credit card company, compared the monthly usage of cards in early 2019, prior to the pandemic [...]

Depression Five Times More Widespread in Pandemic Era: Study

Depression Five Times More Widespread in Pandemic Era: Study

SEOUL, Nov. 23 (Korea Bizwire) — Depression has spread by a factor of five due to the pandemic, a study showed Monday. A research team from Chonnam National University Hospital conducted a survey of 1,492 general participants who had not been infected with COVID-19 and 646 nurses from university hospitals. Among the general participants, 20.9 [...]

About 90 pct of Firms Undecided on 2022 Investment Plans amid Pandemic-caused Uncertainty: Poll

About 90 pct of Firms Undecided on 2022 Investment Plans amid Pandemic-caused Uncertainty: Poll

SEOUL, Nov. 7 (Korea Bizwire) — About 90 percent of firms in South Korea are undecided on their investment plans for next year amid lingering uncertainty despite the country’s move back to normalcy under the “living with COVID-19″ scheme, a poll showed Sunday. According to the poll conducted on 316 firms by the Korea Chamber [...]

Office Workers, Students Struggle to Return to In-person Life as ‘Living with COVID-19′ Kicks Off

Office Workers, Students Struggle to Return to In-person Life as ‘Living with COVID-19′ Kicks Off

SEOUL, Nov. 1 (Korea Bizwire) – City centers in Seoul welcomed back the return of rush hour crowds Monday morning as office workers and students resumed their in-person lives under the government’s “living with COVID-19″ scheme aimed at bringing the nation gradually back to pre-pandemic normalcy. South Korea activated on Monday the first of the [...]