young people Archives | Page 6 of 9 | Be Korea-savvy
Majority of Young Koreans Concerned About Wealth, Income Inequality

Majority of Young Koreans Concerned About Wealth, Income Inequality

SEOUL, June 23 (Korea Bizwire) — More than two thirds of South Koreans from the so-called MZ generation see income inequality as a social problem. Accounting firm Deloitte Anjin LLC announced the results of a survey conducted by Deloitte Global with the participation of 22,928 millennials (born between 1983 and 1994) and Generation Z (born [...]

Young S. Koreans Addicted to High Risk, High Return Cryptocurrencies

Young S. Koreans Addicted to High Risk, High Return Cryptocurrencies

SEOUL, April 26 (Korea Bizwire) – With the cryptocurrency investment fever spreading among South Korea’s young generation in their 20s and 30s, some are showing signs of ‘cryptocurrency addiction.’ A 28-year-old office worker surnamed Nam confessed that he is showing signs of addiction, with his mood changing from joy to sorrow or vice versa everyday [...]

Resale Platforms Grow as ‘Shoe Investment’ Gains Popularity in S. Korea

Resale Platforms Grow as ‘Shoe Investment’ Gains Popularity in S. Korea

SEOUL, April 26 (Korea Bizwire) — So-called ‘shoe-vesting’, or using shoes as a means of financial investment, is gaining popularity among South Korea’s younger generation. Various platforms are being established to cater to this trend, as well as the demand from the MZ generation. ‘Shoe-vesting’ primarily involves reselling limited edition shoes at a higher price, [...]

Worries of ‘Lost Generation’ as Job Cliff Looms for Young Koreans

Worries of ‘Lost Generation’ as Job Cliff Looms for Young Koreans

SEOUL, Jan. 15 (Korea Bizwire) — Concerns are growing about South Korea’s young people who are facing the risk of falling into what some are calling a ‘lost generation,’ as the prospects of a so-called job cliff are deepening due to the COVID-19 pandemic. According to Statistics Korea, the annual jobless rate of young people [...]