The Korea Herald

[News Focus] Marriages between Koreans, foreigners at 5-year low

Social affairsApr 20, 2021

But the figures began a downhill trajectory, with international marriages falling to 10.7 percent of the total in 2009 and continuing to drop. They comprised 10.4 percent of all marriages in 2010, 9 ...
[News Focus] Widening wage gap seen between nonregular, regular jobs

Social affairsApr 18, 2021

Likewise, the percentage of health insurance and employment insurance subscriptions among regular workers reached 92.6 percent and 89.2 percent, respectively. But the percentage of policyholders of ...
[News Focus] Gangnam housing prices back on the rise

EconomyApr 15, 2021

Seocho’s Banpo-dong outstripped Gangnam’s Apgujeong-dong in the average trading price of homes by 84.94 million won vs. 79.69 million won per pyeong. This means that the average price of an 84-squar...
[News Focus] US nationals overtake Chinese in inbound visitors

Social affairsApr 13, 2021

The KIS data showed that the number of US nationals decreased sharply in the first quarter of 2020, when the number of infections grew rapidly in Korea. But the number of inbound visitors from Americ...
[News Focus] 60-somethings outnumber 30-somethings for 1st time

Social affairsApr 11, 2021

SEJONG -- People in their 60s outnumbered those in their 30s in South Korea for the first time ever this year, state data showed. According to the Ministry of Interior and Safety, those aged 60-69 o...
[News Focus] Nonregular jobs grow fastest among female 20-somethings

Social affairsApr 8, 2021

Male workers in their 20s ranked second as the proportion of them in nonregular jobs rose by 3.7 percentage points from 32.6 percent to 36.3 percent -- 592,000 of the total 1.62 million salaried empl...
[News Focus] Korea ranks No. 24 of 31 OECD members in 2020 employment

Social affairsApr 6, 2021

Some emerging economies also outstripped Korea, including The Czech Republic with 74.4 percent, Estonia with 73.7 percent, and Lithuania with 71.6 percent. Switzerland topped the list at 79.9 percen...
[News Focus] Gyeonggi Province’s population falls for 1st time since 1980s

Social affairsApr 4, 2021

The population of Gyeonggi Province dipped for a time in the 1980s after the city of Incheon broke away from the province in 1981, but had gradually rebounded since then. Though the province is proj...
[News Focus] Age gap seen in jobless payouts

Social affairsApr 1, 2021

This de facto means that young workers with weaker expertise and shorter careers were the main target of layoffs over the past year in the corporate sector. A Seoul-based employee at a tourism indust...
[News Focus] Most age groups skeptical on economy

EconomyMar 30, 2021

By region, pessimists outnumbered optimists in Seoul, Gyeonggi Province-Incheon, Sejong-Daejeon-Chungcheong provinces, Daegu-North Gyeongsang Province, and Busan-Ulsan-South Gyeongsang Province. Opt...
[News Focus] Korea sees discouraged workers increase 58% in 5 years

Social affairsMar 28, 2021

The increase rate was higher among women, with the figure surging by 70.5 percent from 204,000 to 348,000 during the February 2016 to February 2021 period. The tally for male discouraged workers grew...
[News Focus] Household debt risks mount as banks halt interest discounts

EconomyMar 25, 2021

The debt held by the household sector surged by 18.9 percent in only three years from 1,450.6 trillion won in December 2017 -- or by 59 percent from 1,085.2 trillion won in December 2014 and 88.4 per...
[News Focus] Should ban on short selling be lifted?

MarketsMar 23, 2021

SEJONG -- Short selling, which is under a provisional ban in South Korea, has been a core issue in the local financial market since the novel coronavirus initially hit the nation 14 months ago. Shor...
[News Focus] Smaller households hit record high of 14.6 million

Social affairsMar 21, 2021

This means nearly 2 in 5 Korean households were single-person households as of last month. “The tally for Koreans living alone is increasing rapidly, as is the number of young couples without childr...
[News Focus] 1 in 3 N. Korean refugees wants to be self-employed

Social affairsMar 18, 2021

Neither career path tends to rank high on the wish lists of native-born South Koreans, particularly those in their 20s and 30s. The third- and fourth-most-popular career choices for defectors were a...