SEOUL, July 20 (Korea Bizwire) — Despite soaring consumer prices, exchange rates and interest rates, the polarization of consumption is becoming more severe than ever. Even Koreans in their 20s and 30s are choosing to stay at home rather than go on a holiday this summer. A 30-year-old office worker surnamed Jeong wanted to go [...]
SEOUL, Dec. 28 (Korea Bizwire) – The outbreak of the coronavirus deepened the polarization of the job market, with the number of office and sales jobs declining more compared to physical labor jobs, a central bank report showed Monday. The number of middle-skilled jobs such as office, sales, functional and assembly technicians declined by 0.63 [...]
SEOUL, Sept. 28 (Korea Bizwire) — In the midst of the deepening of economic and academic gaps resulting from the after-effects of the COVID-19 pandemic, the gap in reading competency is also widening, a local research institute said Monday. According to a survey conducted by the Books & Society Research Institute of 3,000 respondents over [...]
SEOUL, April 26 (Korea Bizwire) — Acute decreases in in-person classes caused by the spread of COVID-19 appear to have greatly impacted the academic achievements of middle and high school students in South Korea, civic activists said Monday. Domestic middle and high schools, which shifted to online classes for many months last year to stem [...]
SEOUL, Feb. 14 (Korea Bizwire) — More than half of South Koreans are in favor of raising taxes for high income earners to mitigate the polarization that has deepened during the pandemic, a poll showed Sunday. In the survey of 1,000 South Koreans aged 18 or older conducted last week, 57.4 percent of respondents agreed [...]