pandemic Archives | Page 9 of 32 | Be Korea-savvy
Number of Newly Created Firms Hits Record High Last Year Despite Pandemic

Number of Newly Created Firms Hits Record High Last Year Despite Pandemic

SEOUL, Dec. 17 (Korea Bizwire) — The number of newly established companies rose to a record high last year, but in-person service segments reported a sharp fall in new businesses due to the pandemic, data showed Friday. Last year, the number of newly created firms reached a record 1.06 million, up 62,000, or 6.2 percent, [...]

84 pct of Caregivers Have Experienced Heavier Workload in Pandemic Era: Survey

84 pct of Caregivers Have Experienced Heavier Workload in Pandemic Era: Survey

SEOUL, Dec. 10 (Korea Bizwire) — Caregivers have been excluded from proper support and protection despite an extreme workload during the pandemic era, a survey showed Thursday. The Korean Confederation of Trade Unions conducted a nationwide survey of 273 caregivers in which 84 percent of all caregivers working at sanatoria and other facilities have suffered [...]

Young S. Koreans Suffer Greater Employment Strain During Pandemic

Young S. Koreans Suffer Greater Employment Strain During Pandemic

SEOUL, Dec. 10 (Korea Bizwire) — Young South Koreans suffered more severe employment shock than older people during the pandemic and fresh college and high school graduates faced greater difficulty in finding jobs, a report showed Friday. The employment rate for Koreans aged 15-34 reached 50.5 percent in January, down from 52.8 percent a year [...]

Suicides, Traffic Deaths Decrease in 2020 amid Pandemic-induced Social Restrictions

Suicides, Traffic Deaths Decrease in 2020 amid Pandemic-induced Social Restrictions

SEOUL, Dec. 9 (Korea Bizwire) — The numbers for suicides, and traffic and crime-related deaths fell in 2020 due largely to various social distancing schemes imposed over concerns of the COVID-19 pandemic, the government said Thursday. According to the interior ministry, the combined number of deaths connected to traffic accidents, crimes and suicides stood at [...]

Motivation to Work has Weakened Since COVID-19, Influenced by Asset Inflation

Motivation to Work has Weakened Since COVID-19, Influenced by Asset Inflation

SEOUL, Dec. 7 (Korea Bizwire) – The number of people who said their motivation to work has weakened since the COVID-19 pandemic increased sharply, a survey showed Monday. The Woori Finance Research Institute, affiliated with major bank holding firm Woori Financial Group, classified individuals who are in the 10 to 30 percent bracket of the [...]

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 [...]