Surge in Dual-Income and Single-Person Households Signals Shift in South Korea

SEOUL, Jun. 18 (Korea Bizwire) –South Korea is witnessing a significant rise in both dual-income and single-person households, reflecting societal shifts in the country’s demographics and economic landscape. According to Statistics Korea, out of the 12.69 million households with spouses last year, 6.12 million (48.2%) were dual-income households, marking a 2.1 percentage point increase from [...]