single-member households Archives | Be Korea-savvy
Nearly Half of One-person Households Remain Poor: Report

Nearly Half of One-person Households Remain Poor: Report

SEOUL, April 9 (Korea Bizwire) — Nearly half of single-member households were in the poor class and the proportion among senior citizens came to nearly 70 percent, a report showed Sunday. The relative poverty rate of one-person households came to 47.2 percent in 2020, compared with 15.3 percent for all households, according to the report [...]

Single-member Households Hit Record High in 2021

Single-member Households Hit Record High in 2021

SEOUL, Dec. 7 (Korea Bizwire) — The proportion of one-person households in South Korea hit a fresh record last year, data showed Wednesday, as more young people delayed marriages. One-person families accounted for 33.4 percent of the total last year, up from 31.7 percent the previous year, according to the data from Statistics Korea. It [...]

Number of One-person Households Jumps 27.5 pct Over Past 5 Years

Number of One-person Households Jumps 27.5 pct Over Past 5 Years

SEJONG, Dec. 24 (Korea Bizwire) — The number of single-member households in South Korea soared more than 27 percent in 2020 from five years earlier, government data showed Friday, amid a delay in marriage and a rapidly aging population. One-person families numbered 6.64 million last year, up 27.5 percent from five years earlier and accounting [...]

Demand for Processed Meat Rising in Sync with Single-member Households

Demand for Processed Meat Rising in Sync with Single-member Households

SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s market for processed meat products, such as sausages, has been growing steadily in recent years amid rising demand from single-member households, data showed Tuesday. The country’s processed meat market was estimated at 5.6 trillion won (US$5 billion) in 2018, up 2.4 percent from the previous year, according [...]

Single-member Households to Become Most Common Type in 2047

Single-member Households to Become Most Common Type in 2047

SEJONG, Dec. 16 (Korea Bizwire) — One-person families will likely become the most common household type in all South Korean cities and provinces in the next 30 years amid the country’s low birthrate and rapidly aging population, data showed Monday. Households consisting of a single member are forecast to account for 37.3 percent of all [...]