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Office Workers Dream of Opening Their Own Coffee Shop

Source | 2016/12/04 | | Permalink

Seven out of 10 office workers dream of running their own business, and coffee shops and bakeries top their list. But in reality office workers who start their own business end up running it for no more than two years on average.

Job search portal Saramin polled 1,542 office workers and found that 78.2 percent had thought about opening their own business. Asked why, 52.3 percent said they want to follow their passion, while 45.5 percent said they want a source of income beyond retirement...More

Divorce Records to Be Sealed in Family Register

Source | 2016/12/04 | | Permalink

Divorce, adoption and other personal information will no longer be listed in publicly available copies of family certificates.

The Supreme Court on Wednesday said new regulations now require only essential information to be listed, so the certificates will show only the name of the present spouse and children but exclude previous spouses and stepchildren...More

Private Consumption Slows Ahead of Peak Season

Source | 2016/12/04 | | Permalink

Private spending is slowing down drastically amid a massive influence-peddling scandal involving the president and tougher curbs on propitiatory gifts for influential people.

"In previous years, spending by wealthy customers was not impacted by slow economic conditions, but nobody is spending money this year", a staffer at a major department store said...More

Gender Divide Over Seasonal Differences in Clothing Sales

Source | 2016/12/04 | | Permalink

Men's clothing sells well in autumn, whereas demand for women's attire is strongest in summer.

Sales of men's clothing at Ticket Monster in September and October were 16 to 20 percent higher than the monthly average, the online shopping mall said Monday. This contrasted with women's clothing sales, which spiked by 18 to 19 percent above the average in June and July...More

60% of Middle-Class Koreans Feel Poor, Survey Finds

Source | 2016/12/04 | | Permalink

Six out of every 10 middle-class Koreans feel they are poor, a survey shows.

NH Investment and Securities on Tuesday released the survey of 1,025 people aged 30 to 50 in the middle-income bracket. Some 56.5 percent of respondents said they feel poor, and NH Investment attributed the high number to a perceived rise in the criteria for being middle class...More

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