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A middle-aged job seeker writes an application at an exposition held in Eunpyeong District, northern Seoul, on Sept. 1.

Koreans increasingly favor shared responsibility for older adult care, survey finds

A new government survey shows middle-aged Koreans increasingly favor shared responsibility for aging parents, alongside changing views on housework and retirement.

2026.9.21

Bank of Korea (BOK) Gov. Shin Hyun-song bangs the gavel during a BOK Monetary Policy Board meeting at the central bank's headquarters in Seoul in this Aug. 27, 2026, file photo. (Pool photo) (Yonhap)

Data Ministry to release daily price updates ahead of Chuseok

The ministry will publish daily prices for 36 food and fuel items through Sept. 23 to strengthen inflation monitoring before Chuseok.

2026.9.10

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Office workers are seen in central Seoul on Feb. 19. [NEWS1]

Entry, mid-level white-collar jobs disappear as AI takes on the grunt work

In Korea’s corporate ladder, the middle rung is starting to wobble. Entry and mid-level white-collar jobs are shrinking as companies replace routine tasks with AI.

2026.4.3

A pedestrian walks down a street in Busan underneath a tree blossoming with white flowers on March 4. [YONHAP]

Life satisfaction unchanged in 2024, suicide rate up

Koreans' average satisfaction with life in 2024 remained unchanged from a year earlier, while the suicide rate went up, a government report showed Thursday.

2026.3.5

ATMs for major banks are seen in Seoul on Feb. 18. [YONHAP]

1 in 4 households log deficit in fourth quarter of 2025 for 6-year high

One in four Korean households spent more than their disposable income in the fourth quarter, pushing the share of deficit-running households to the highest level in six years, government data showed Monday.

2026.3.2

Job seekers line up to sit for interviews at a job fair at Busan Port International Exhibition & Convention Center in Busan on Feb. 10. [YONHAP]

Korea records fastest growth in paid jobs in three quarters in Q3: Gov't

Korea recorded the fastest growth in wage jobs in three quarters during the third quarter of last year, driven by an increase in positions in the health and social welfare sector and for older workers, government data showed on Tuesday.

2026.2.24

Jeong Gyu-seung, head of the Industry Statistics Division at the Ministry of Data and Statistics, speaks during a press briefing at the government complex in Sejong on Feb. 10. [NEWS1]

Exports rise, but polarization and major firm reliance grow

Exports hit a record high last year despite tariff shocks from the United States, but the share accounted for by the top 10 companies approached 40 percent.

2026.2.10

People are seen shopping for groceries at a large supermarket in Seocho District, southern Seoul on Feb. 2. [NEWS1]

Consumer prices rise 2% in January, slowest pace in 5 months

Korea's consumer prices rose at the slowest pace in five months in January, partly helped by the steady prices of petroleum products, government data showed Tuesday.

2026.2.3

A street inside a traditional market in Seoul is almost vacant on Dec. 30. [NEWS1]

Domestic consumption slumps sharply in November after gov't stimulus measures, Chuseok end

Korea’s domestic consumption slumped sharply in November. The index of retail sales, a key gauge of consumer spending, fell by the most in 21 months, underscoring how the record-breaking export boom has yet to translate into stronger domestic demand.

2025.12.30

Older people are lined up at a job fair held at Mapo District Office in Mapo District, western Seoul, on Dec. 10. [NEWS1]

Almost 40 percent of Koreans over 65 living below median income line, worst among OECD nations

Four out of 10 older Koreans are living on less than half the country's median income, the highest percentage of any OECD member state, as the rapid growth of Korea's aging society is wearing down the social safety net for people after retirement.

2025.12.26