Record-high spending on private education

The total expenses spent on private education jumped 4.5 percent year on year in 2023 to post a record-high figure of 27.1 trillion won ($20.6 billion), according to a survey from Statistics Korea and the Ministry of Education on Thursday.

2024-03-14

Household income in Q4 grew on back of gov't subsidies

The average household income rose 3.9 percent in the September-December period to an average of 5.02 million won.

2024-02-29

Busy schedules, financial burden keep young Koreans out of the doctor's office

Four out of 10 young Korean adults don't see a doctor even though they are sick, according to a recent poll, as more youths neglect their health due to their busy schedules and the financial burden.

2024-02-19

Major labor unions raised $633M last year, new disclosures reveal

Labor unions with more than a thousand members raised more than 840 billion won ($633 million) in combined income last year, according to their first accounting disclosure.

2023-12-07

[Editorial] Low birthrate fueled by high education expense (KOR)

The government must address the private education issue in the context of low birth.

2023-03-09

[Editorial] Low birthrate fueled by high education expense