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Young Koreans Prioritize Wages, Working Hours When Selecting a Job: Report

Young Koreans Prioritize Wages, Working Hours When Selecting a Job: Report

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 [...]

Young South Koreans Use Different Social Media Platforms Based on Their Political Beliefs

Young South Koreans Use Different Social Media Platforms Based on Their Political Beliefs

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 [...]

Lonely Deaths Among Young Koreans Reflect Structural Problems in Society: Experts

Lonely Deaths Among Young Koreans Reflect Structural Problems in Society: Experts

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. [...]

Home-owning, Employed Young Koreans More Positive Towards Marriage

Home-owning, Employed Young Koreans More Positive Towards Marriage

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, [...]

Young S. Koreans Suffer Most from Unemployment and Rising Consumer Prices

Young S. Koreans Suffer Most from Unemployment and Rising Consumer Prices

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 [...]

360,000 Young S. Koreans Take More than 3 Years to Get First Job

360,000 Young S. Koreans Take More than 3 Years to Get First Job

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 [...]

Young Koreans Driving Changes in Convenience Store Alcoholic Beverage Sales

Young Koreans Driving Changes in Convenience Store Alcoholic Beverage Sales

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 [...]