Domestic Labor Market Faces Coronavirus Headwinds
Economic uncertainties created by the coronavirus revealed that skilled workers in the manufacturing sector face more risks than other groups in the labor market.
South Korea’s Mixed Message to Immigrants
While recognizing the economic benefits of foreign workers, South Korea is still hesitant to take steps that would integrate immigrants into society.
Political Parties Move to Attract Younger Voters
Across the ideological spectrum, political parties are focused on securing the youth vote ahead of the crucial legislative elections in April.
National Defense Prioritized over K-pop
After a long deliberation process, the Korean government denied exemptions to K-pop stars which may be just the first of many difficult decisions for an aging Korean population.
Deepening Demographic Challenge Complicates Positive Economic Data
Consequences of an aging population lurk beneath the calm surface of low unemployment rates and the government’s healthy fiscal position.