![[Stats] Ratio of Dual Income Households by Age Groups](http://koreabizwire.com/wp/wp-content/uploads/2014/06/Ratio-of-Dual-Income-Households-by-Age-Groups1.jpg "[Stats] Ratio of Dual Income Households by Age Groups")
A recent survey showed that one in two Korean couples in their 40s and 50s are dual-income earners as they have to spend a large sum of money for their children’s education. The National Statistical Office released a report titled “Variation of Dual Income Households in 2013” on June 25. According to the report, as [...]
SEOUL, Korea, May 1, 2014 (Korea Bizwire) – About half of salaried workers in Korea are earning less than 2 million won (US$1,937) a month, reflecting growing income inequality in the society. Meanwhile, about 30 percent of those in financial services and science and technology professions earn monthly pay of more than 4 million won. More than half of those [...]
SEOUL, Korea, April 17, 2014 (Korea Bizwire) – A study said the rise in the number of one-person households has contributed to increasing the overall consumption. According to a report “Single Households Change the Landscape of Consumption” published by LG Economic Research Institute on April 7, by the year 2020 the consumption increase attributed to [...]
SEOUL, Korea, Mar 21 (Korea Bizwire) – Last year, the number of those urban families relocating to the countryside has hit a record-high level. This is largely because the so-called “baby boomers” are beginning to retire and seek to enjoy their time in pastoral settings. But lately younger ones in their 40s or even 30s [...]