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Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

Majority of South Koreans in 20s and 30s Remain Financially Dependent on Parents

SEOUL, Apr. 15 (Korea Bizwire) — A striking 8 out of 10 South Koreans in their 20s and 30s have yet to achieve financial independence from their parents, according to a recent survey by the job platform Jinhaksa Catch. The respondents cited a lack of stable income due to employment challenges as the primary reason for [...]

No Rush to Move Out Among Young Adults Living with Parents

No Rush to Move Out Among Young Adults Living with Parents

SEOUL, Mar. 15 (Korea Bizwire) – A recent study has revealed that 7 out of 10 young adults aged 25 to 39, residing with their parents in apartments, have no immediate plans to live independently until marriage.  The study, titled ‘Trend Report: The Kangaroo Tribe,’ was released on March 14 by Focus Media Korea, the operator [...]

Government to Cut Working Hours for Parents with Elementary School Children

Government to Cut Working Hours for Parents with Elementary School Children

SEJONG, Oct. 5 (Korea Bizwire) – Efforts are underway to expand maternity protection policies aimed at addressing the low birthrate, including reducing working hours during the childcare period and introducing spousal maternity leave. The Ministry of Employment and Labor announced on Wednesday that proposed amendments to the Act on Equal Employment and Support for Work-Family Reconciliation, [...]

Parents Required to Make Reservation Before Talking to Teachers: Seoul Education Chief

Parents Required to Make Reservation Before Talking to Teachers: Seoul Education Chief

SEOUL, Aug. 2 (Korea Bizwire) — Parents in Seoul will be required to make a reservation before meeting or talking by phone with teachers in an experimental project to prevent teacher harassment by parents in the wake of the suicide of a young teacher, the education chief said Monday. Teachers’ call for protection from abusive [...]

Young Teacher Suicide Raises Alarm over Malicious Complaints from Parents

Young Teacher Suicide Raises Alarm over Malicious Complaints from Parents

SEOUL, July 21 (Korea Bizwire) — Following a recent case of suicide committed by a young homeroom teacher at an elementary school in Seoul’s Seocho Ward, rumors are spreading that excessive complaints from parents led the teacher to take such extreme measures. Teachers have increasingly faced verbal and physical assaults from students’ parents, according to [...]

1 in 3 Parents with Disabled Children Faced Financial Stress During Pandemic: Survey

1 in 3 Parents with Disabled Children Faced Financial Stress During Pandemic: Survey

SEOUL, April 20 (Korea Bizwire) — One in three parents with disabled children faced substantial financial struggles to take care of their children and fill the education vacuum caused by COVID-19 when schools were temporarily closed, a survey showed Wednesday. According to the survey of 4,785 parents with disabled children, 34 percent of them faced [...]

More Koreans Now Disagree with the Idea that Children Should Look After Their Parents

More Koreans Now Disagree with the Idea that Children Should Look After Their Parents

SEOUL, Feb. 27 (Korea Bizwire) — The perception that children should look after their parents is quickly disappearing, a report showed Sunday. The Korea Institute for Health and Social Affairs conducted a survey of 7,865 households, in which only 21.4 percent believed that children should be responsible for looking after their parents. Another 29 percent [...]

Inequality of Academic Achievement Based on Parent’s Wealth Widens Over 10 Years: Study

Inequality of Academic Achievement Based on Parent’s Wealth Widens Over 10 Years: Study

SEOUL, Jan. 19 (Korea Bizwire) — The academic performance of a child became more reliant on the wealth of their parents in the last 10 years, a study showed Wednesday. Professor Kim Seong-sik from Seoul National University of Education reported during a forum at the National Assembly on Tuesday that according to the Korea Educational Development Institute, the inequality [...]