Korea Joongang Daily
Korea JoongAng Daily

Young Koreans favoring double income, no kids lifestyle

Young Koreans are increasingly opting not to have kids due to the high cost of parenting and changing personal values. They are pursuing a so-called DINK (double income, no kids) lifestyle, according to a recent survey by Shinhan Life Insurances.

2023-06-11

MZers more strapped as generational income gap widens

Generation MZ is becoming more strapped as the income for MZers grew less than the income of older generations in recent years, held back by Korea’s plateauing economic growth.

2023-06-06

[Editorial] A looming debt crisis must be monitored

Authorities must closely watch the real estate market and the financially-weak and prepare multi-faceted measures against various scenarios.

2022-12-25

Yoon and his party make big pledges about 2023 budget

The government and People Power Party (PPP) promised Wednesday support for young job seekers and low-income households in next year's budget.

2022-08-24

Basic welfare being tapped by 20- and 30-somethings

More people in their 20s and 30s are taking Korea's basic welfare payment, which in the past was the domain of the elderly poor.

2021-11-11

Online lectures by 'star' cram school lecturers approved

Mayor Oh Se-hoon’s plan to make cram school lectures available online to less affluent students was approved by the city council Friday. During a regular session on Friday, the council approved a 4.25 trillion won ($3.75 billion) supplementary...

2021-07-04

Seoul education office proposes 1.1T￦ budget to help students

The Seoul Metropolitan Office of Education proposed on Thursday a supplementary budget of 1.1 trillion won ($983.9 billion), part of which will go toward supplying every middle school student with an electronic device. “We have set aside some 60...

2021-05-27

Yoo Jae-suk donates feminine hygiene products to 500 low-income teenagers

Entertainer Yoo Jae-suk donated feminine hygiene products to 500 low-income teenagers through 49 local children’s centers nationwide, a Seoul-based Christian nongovernmental organization G Foundation announced on Thursday.

2020-07-23

7 percent of low-income families forced to live in huts and lean-tos

Despite the Korean government's efforts to curb real estate speculation and make more housing available, 7 percent of low-income households are still living in temporary structures or tiny rented rooms.

2020-07-13

HSBC Korea donates to low-income students

HSBC Korea on Tuesday announced that it has donated a total of 15 million won ($12,000) to the Korean branch of Plan International, a British non-governmental organization.

2020-05-13