Labor Market Starts to Feel Impact of Low Birthrate
Korea's record low birthrates seem to start having worrying effects on the labor market as it has led to a decline in the working-age population between 15 and 64. The Korea Labor Institute said in a research paper last week that the number of newly employed workers next year is estimated at 296,000, about 10 percent less than this year's 324,000.
Inheritances Total W10 Trillion a Year, Mostly in the Capital
U.S. Olympians Shrug off Pyeongchang Safety Concerns
UN Envoy Urges Peace on N.Korean Officials
Dementia Patients to Increase 5-Fold by 2050
Six Hyundai, Kia Cars Win Top Safety Rating in U.S. Crash Tests
GM Korea's Trax Leads Exports Among Compact SUVs
Biting Cold to Bring Week-Long Chill
The bitter cold snap will grip the country all week under the influence of a cold air mass from the north. The mercury plummeted to -8 degrees Celsius in Seoul on Monday morning.
Kim Jong-un Climbs Mt. Baekdu
North Korean leader Kim Jong-un has climbed Mt. Baekdu, the mythical origin of the Korean nation and allegedly of his grandfather Kim Il-sung, according to state media on Saturday.
Lotte World Tower Turns into Giant Olympic Torch
The 123-story Lotte World Tower in Seoul, Korea's highest building, has turned into a giant Olympic torch to mark the 2018 Winter Olympics in Pyeongchang. Lotte said it used 26,000 LED lights to turn the tower into a 555-m torch.