SEOUL, Sept. 6 (Korea Bizwire) – Average incomes for dual-income and single-income households between April and June, at 5.47 million won and 3.69 million won, respectively, are the closest they have been since the fourth quarter of 2015 (October through December) according to figures provided by Statistics Korea. Dual-income households earned only 1.48 times what [...]
SEJONG, Sept. 4 (Korea Bizwire) – Purchases made through mobile devices in South Korea hit a fresh record high in July as smartphones are widening their presence in the world’s most wired country, government data showed Monday. Mobile transactions through smartphones and tablets reached a record 4.01 trillion won (US$3.6 billion) in July, up 35.1 [...]
SEJONG, Aug. 30 (Korea Bizwire) -- South Korea’s fertility rate fell to a seven-year low in 2016 despite all efforts to tackle fewer babies being born in the country and the rapid population aging, government data showed Wednesday. The total fertility rate, or the average number of babies that a woman is projected to have [...]
SEOUL, Jul. 7 (Korea Bizwire) — South Koreans’ highly favorable attitude towards studying abroad might be coming to an end, as the latest figures show the number of students under 19 years of age who went abroad for academic purposes dropped by a third over the past nine years. Data released by Statistics Korea on Thursday [...]
SEJONG, July 6 (Korea Bizwire) – The number of South Korean overseas travelers and foreign visitors reached record highs last year thanks to a rise in more people entering the country, a government report showed Thursday. The number of international migrants, referring to those who stay in and out of South Korea for 90 days [...]
SEJONG, June 28 (Korea Bizwire) – The number of newborn babies in South Korea dropped for 17 months in a row in April, a government report showed Wednesday, in the latest sign that underscores challenges in boosting its low birthrate. About 30,400 babies were born in April, down 13.6 percent, or 4,800, from 35,200 tallied [...]
SEOUL, Jun. 28 (Korea Bizwire) — More than 2.6 million, or one in 10, Korean women live alone, and an increasing number believe marriage isn’t mandatory, recent data from the country’s national statistics agency showed Tuesday. According to the report “2017 Statistics on Women” released by the Ministry of Gender Equality and Family and Statistics [...]
SEOUL, Jun. 27 (Korea Bizwire) — South Korea’s pharmaceutical industry has posted more than double the annual growth rate in terms of employment compared to the manufacturing sector as a whole, industry data showed Tuesday. The pharmaceutical industry has recorded 3.9 percent in annual employment growth rate between 2005 and 2015, while the comparable figure [...]
SEOUL, June 15 (Korea Bizwire) – The number of people preparing for jobs surpassed the 700,000 mark in May for the first time ever, data showed Thursday, amid the rising unemployment among young people. The figure surged to 735,000 last month, up 13 percent from 656,000 a year earlier, the data by Statistics Korea said. [...]
SEOUL, June 2 (Korea Bizwire) – Nearly 4 in 10 employed South Koreans in their late 30s and 60s are interested in second jobs after retirement or are currently making preparations to that end, a poll said Friday. According to the survey of 1,213 people aged between 35 and 69, 30.1 percent of the respondents [...]