Latest Ministry of Data and Statistics News & Updates

Employment Rate for People in Their 20s Drops in 2025

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Seoul, Jan 18 (IANS) The employment rate for people in their 20s fell in 2025 for the first time in five years as a shrinking population and a weak job market weighed on hiring, data showed on Sunday.The employment rate for people in their 20s stood at 60.2 percent last year, down 0.8 percentage point from a year earlier, according to data released by the Ministry of Data and Statistics. It was the first on-year decline since 2020, when hiring slumped amid the COVID-19 pandemic, reports Yonhap n…

South Korean Families’ Spending on Private Education Soars Over 60% in a Decade

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Seoul, Jan 4 (IANS) South Korean families’ spending on private education for their children has jumped by more than 60 percent over the past decade, government data showed on Sunday.According to the Korean Statistical Information Service (KOSIS) for the Ministry of Data and Statistics, South Korean households spent just under 29.2 trillion won (US$20.2 billion) on private education in 2024, up by 60.1 per cent from 2014.This also marked a fourth consecutive year of increase in private education …

Number of Babies Born Increases for 16 Consecutive Months in South Korea

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Seoul, Dec 24 (IANS) The number of babies born increased for the past 16 consecutive months as of October, but the pace of growth slowed to the lowest since the start of this year, government data showed on Wednesday. A total of 21,958 babies were born in October, up 2.5 per cent from a year earlier, according to the data compiled by the Ministry of Data and Statistics, Yonhap News Agency reported.It marked the 16th consecutive month of increase since July 2024 but also the slowest on-year growt…

South Korea Sees Lowest November Home Relocation Numbers in 51 Years

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Seoul, Dec 24 (IANS) The number of South Koreans relocating to new homes fell to the lowest level in 51 years for any November amid sluggish housing transactions and demographic changes, data showed on Wednesday.Around 428,000 people changed residences last month, down 8.2 percent from a year earlier, according to data from the Ministry of Data and Statistics, reports Yonhap news agency.This marks the lowest November figure since 1974, when 394,000 people moved.Population mobility has been decli…