SEOUL, March 3 (Korea Bizwire) — The values that millennials and Generation Z prioritize the most when selecting a job are shifting from one’s potential for growth to wages and working hours, a think tank report said Thursday. The Korea Institute for Industrial Economics & Trade analyzed 104,511 college graduates from 2008 to 2019 using [...]
SEOUL, March 1 (Korea Bizwire) — A significant number of young Koreans have debts that are more than three times what they earn every year, largely due to rising housing prices and investment fever, a report showed Tuesday. According to data analyzed by the Korea Institute for Health and Social Affairs, households represented by young [...]
SEOUL, Feb. 1 (Korea Bizwire) — Young South Koreans in their 20s use different social media platforms based on their political sentiment, a survey showed Tuesday. The National Youth Policy Institute conducted a survey of 2,214 people from 19 to 24 years of age, in which there were more progressives (52.5 percent) than conservatives (23.8 [...]
SEOUL, Dec. 29 (Korea Bizwire) — Economic problems represented by unemployment, coupled with multiple structural and social issues, are socially cornering young South Koreans, resulting in cases of lonely deaths, experts said Wednesday. Lonely death refers to a phenomenon of people with no relatives dying alone and remaining undiscovered for a long period of time. [...]
SEOUL, Dec. 22 (Korea Bizwire) — Home-owning young South Koreans have more positive views toward marriage than those who do not own a home, the statistics agency said Wednesday. Statistics Korea analyzed the statistical data of the unmarried South Korean population between the ages of 19 and 34 as stipulated in the Social Survey 2020, [...]
SEOUL, Dec. 6 (Korea Bizwire) — An increasing number of South Koreans in their 20s and 30s are developing high blood pressure, with healthcare professionals saying that there is an urgent need to control the risk of obesity and stress. A research team from Chung-Ang University Hospital analyzed the data from Health Insurance Review & [...]
SEOUL, Nov. 15 (Korea Bizwire) — The Economic Misery Index showed that the employment crisis and rapidly increasing consumer prices are being felt most closely by young South Koreans. The Federation of Korean Industries (FKI) estimated the Economic Misery Index by combining the unemployment rate from all age groups with the increase rate of consumer [...]
SEOUL, Oct. 25 (Korea Bizwire) — The number of young South Koreans who have spent more than three years finding their first job reached 360,000, data showed Monday. Among South Koreans between 15 and 29 years of age with employment experience after graduation, some 358,000 people had taken more than three years to get their [...]
SEOUL, Oct. 24 (Korea Bizwire) — Koreans in their 20s and 30s made up more than half of the growth in the number of new employees for the transportation and warehousing sectors, which are often referred to as delivery businesses, over the past five years, a leading business organization said Sunday. The Federation of Korean [...]
SEOUL, Oct. 18 (Korea Bizwire) — As people in their 20s and 30s, who value special experiences, emerge as the main consumer group for the alcoholic beverage market, brand-new beverages with differentiated value such as distilled soju and beer from craft breweries are rising to the top of sales rankings. Convenience store chain GS25 analyzed [...]