YouthUnemployment

South Korea's Economic Challenges Amid Political Turmoil: A Deep Dive

2 months ago

In recent times, South Korea has been grappling with significant economic hurdles, and the situation has been exacerbated by a notable political crisis. As the nation strives for growth, the interplay between these two factors has begun to shape both the domestic landscape and international perceptions of the country.

South Korea's Jobless Rate Climbs Amid Political Turmoil

3 months ago

In a troubling development, South Korea has reported a significant increase in its unemployment rate, reaching its highest point in over two years. As political infighting intensifies, the nation faces rising economic challenges that complicate recovery efforts in the job market. The unemployment rate surged to 4.0% in December 2024, a notable rise from 3.2% in previous months, highlighting the growing concern among economists and policymakers alike.

China's Recovery at Risk: The Rise of Professional Children

6 months ago

In a striking turn of events, China's economic recovery faces an unexpected challenge as the phenomenon of "professional children" emerges. This burgeoning trend marks a generation of young adults who have opted for a lifestyle centered on leisure rather than traditional employment. As the country grapples with the aftermath of the pandemic, this demographic shift could potentially hinder its growth trajectory.