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Fri, July 1, 2022 | 04:24

Minimum wage for next year increased 5% to 9,620 won

Representatives of Korea's unions and management have agreed to set next year's minimum hourly wage at 9,620 won ($7.41), a 5 percent increase from this year, officials said Thursday.

2022-06-30 08:55

Small businesses decry 5% minimum wage hike

Labor, management circles revise proposals for next year's minimum wage

Representatives of Korea's labor and management have submitted amendments to their respective proposals for an increase in next year's minimum wage, only to confirm a wide gap, officials said Wednesday.

2022-06-29 15:01

3 out of 10 adults still live with parents: report

Three out of 10 adults aged under 50 live with their parents, a state-run research institute found in its latest research paper released on Tuesday. The Korea Institute for Health and Social Affairs (KIHASA) said that adult children living with their parents is connected to the fact that the average age at which Korean nationals are getting married keeps rising and also to th...

2022-06-28 16:54

Missing family's car discovered underwater in Wando

A vehicle owned by a family of three that went missing on Wando Island off the southwestern coast of Korea was discovered in the ocean on Tuesday around 80 meters from the coast. But police were unable to look inside the vehicle due to low visibility.

2022-06-28 15:38

Proportion of 1-person households to hit nearly 40% in 2050: gov't

The proportion of one-person households in Korea is expected to reach nearly 40 percent in 2050 due to a delay in marriages and rapid aging, a government estimate showed Tuesday.

2022-06-28 14:16

Huge search ongoing for missing family of 3 on southwestern island

A massive police search is ongoing for a family of three missing on a remote island on the southwestern coast, after a female elementary student and her parents disappeared mysteriously from a guesthouse there about a month ago.

2022-06-27 14:17

Founder of elite private high school dies at 95

Choi Myung-jae, the founder of a renowned elite private high school in South Korea, died Sunday at age 95, people closed to him said. Choi is known for establishing the Korean Minjok Leadership Academy (KMLA), also known as Minsago, a highly selective co-educational boarding school in the eastern rural county of Heongseong, Gangwon Province, in 1996, with an aspiration to "nu...

2022-06-26 20:19

Gov't launches task force to respond to population decline

The government launched a task force to come up with policies efforts to tackle demographic challenges as the country is expected to suffer a serious fall in the working-age population in the coming years due to its chronically low birthrate, the finance ministry said Friday. During the inaugural meeting of the task force, Deputy Finance Minister Bang Ki-seon stressed the gov...

2022-06-24 14:18

Foreigners staying in Korea rebound to over 2 mil. amid receding pandemic

The number of foreigners staying in Korea bounced back above the 2 million mark last month for the first time in 15 months, immigration data showed Thursday.

2022-06-23 15:49

Number of households moving to rural areas hits record high in 2021

The number of households that moved from urban areas to farming villages reached an all-time high last year amid the prolonged COVID-19 pandemic and soaring housing prices, data showed Thursday.

2022-06-23 14:40

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