SEOUL, March 5 (Korea Bizwire) — The number of abandoned homes in South Korea has reached over 1.5 million, largely due to an aging population and urban migration trends, data showed Wednesday. According to the data compiled by the state-run Korea Research Institute for Construction Policy, based on Statistics Korea’s latest housing census, the number [...]
SEOUL, Jan. 22 (Korea Bizwire) — Statistics Korea announced plans on January 21 to develop a groundbreaking Population Dynamics Panel Statistics project that will examine how economic and social factors influence marriage and childbirth decisions among different age groups. The new study will track life events of individuals born between 1983 and 1995, analyzing how factors [...]
OXFORD, Jan. 2 (Korea Bizwire) — In 2006, renowned British demographer David Coleman, now 78 and an emeritus professor at Oxford University, made a stark prediction at a UN population forum: South Korea could become the first nation to face population extinction. Meeting at his Oxford home on December 28, Coleman reflected on his earlier warning, [...]
SEJONG, Sept. 28 (Korea Bizwire) – A recent government report reveals that more than one in three elderly South Koreans living alone have no one to talk to, highlighting a growing crisis of isolation among the country’s aging population. Statistics Korea released its 2024 Elderly Statistics report on September 26, painting a stark picture of the [...]
SEOUL, Sept. 24 (Korea Bizwire) – A new government report paints a stark picture of South Korea’s demographic future, projecting that the country’s rapid aging and declining birth rates will outpace global trends over the next five decades. The Statistics Korea report, released on September 23, forecasts that by 2072, nearly half of South Korea’s population [...]
SEOUL, Aug. 21 (Korea Bizwire) – South Korea needs to consider accepting more foreign workers to increase its working-age population amid a looming demographic crisis, a presidential aide said Wednesday. You Hye-mi, a senior aide on addressing low birth rates, made the remark in a radio interview as South Korea is grappling with the world’s [...]
BUSAN, Aug. 2 (Korea Bizwire) – The South Korean port city of Busan is experiencing an ongoing population drain, particularly among its younger residents, according to recent government statistics. Data released on August 1 by the Dongnam Regional Statistics Office reveals that Busan saw a net outflow of 3,742 residents in the second quarter of this year. [...]
SEJONG, Jul. 31 (Korea Bizwire) – A recent survey has revealed that nearly 70% of South Korea’s aging population, comprising individuals aged 55 to 79, express a desire to continue working. This demographic, approaching 16 million people, showcases a strong inclination towards prolonged participation in the workforce. Statistics Korea released these findings on July 30, as [...]
SEOUL, Jul. 26 (Korea Bizwire) – In the quiet countryside of South Korea, a surprising trend is emerging. Towns like Gurye in South Jeolla Province, Yangyang in Gangwon Province, and Hadong in South Gyeongsang Province are experiencing a tourism renaissance, despite their dwindling official populations. These rural communities, each with fewer registered residents than a single [...]
SEOUL, Jul. 15 (Korea Bizwire) – In the first half of this year, South Korea witnessed an unprecedented increase in workers over 70, highlighting the country’s rapidly aging workforce and sparking debates about extending employment for older citizens. According to data released by Statistics Korea on July 14, the number of employed individuals aged 70 and [...]