SEOUL, July 24 (Korea Bizwire) — As South Korea debates a proposal to raise the statutory retirement age from 60 to 65, a new survey reveals a stark generational divide over how such a change could impact youth employment. According to findings released Wednesday by the Korea Employers Federation (KEF), 61.2% of unemployed young job [...]
SEOUL, July 12 (Korea Bizwire) — South Korea’s young population is facing a looming retirement crisis due to alarmingly low enrollment in the national pension system, according to a new report from the National Pension Research Institute, released Friday. The report, titled “Strategies to Expand National Pension Coverage for Young Adults,” highlights a combination of [...]
SEOUL, May 29, 2005 (Korea Bizwire) — Amid persistent economic challenges and a robust public transportation network, an increasing number of young South Koreans are putting off getting their driver’s licenses — or skipping the process altogether. According to data released by the National Police Agency, the number of newly issued licenses to teenagers and [...]
SEOUL, April 22 (Korea Bizwire) — A Chinese youth delegation has visited South Korea for the first time in six years as part of a bilateral exchange program, Seoul’s foreign ministry said Tuesday. A 53-member delegation arrived in South Korea on Monday for a six-day stay, during which they were to participate in various cultural [...]
SEOUL, March 5 (Korea Bizwire) — Recent research suggests that overweight children and adolescents with severe food addiction symptoms struggle more with emotional regulation and behavior control. The Korea Disease Control and Prevention Agency announced on March 4 that a research team led by Park Kyung-hee from Hallym University’s Department of Family Medicine recently published these [...]
SEOUL, Feb. 24 (Korea Bizwire) — As South Korea’s youth unemployment crisis deepens to levels worse than those seen during the IMF crisis and COVID-19 pandemic, local governments across the nation are stepping in with innovative support measures ranging from free interview suits to office rental subsidies. According to Statistics Korea, January saw the sharpest deterioration [...]
SEOUL, Feb. 14 (Korea Bizwire) — The National Medical Center reported on February 13 that over 46,000 people sought emergency care for suicide attempts or self-harm in South Korea in 2023, with nearly half of the cases involving individuals in their teens and twenties. According to data from the Central Emergency Medical Center, there were 46,359 [...]
SEOUL, Sept. 24 (Korea Bizwire) — The government and the ruling People Power Party (PPP) agreed Tuesday to take measures to support the unemployed youth and to swiftly pass a bill aimed at assisting the “youth in crisis.” During their policy consultations, the two sides decided to support young people seeking employment by increasing work [...]
SEOUL, Aug. 27 (Korea Bizwire) – A recent survey has revealed that young adults in South Korea are at the forefront of changing media consumption habits, with 20-somethings spending an average of 70 minutes daily on online video streaming services (OTT). The “2024 Target Report,” released on August 26 by MezzoMedia, a digital marketing firm under [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent study has uncovered concerning patterns in the health behaviors of South Korean youth, with flavored tobacco products playing a significant role in initiating smoking habits and alcohol consumption beginning as early as middle school. The Korea Disease Control and Prevention Agency (KDCA) released statistics from its Youth Health [...]