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Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
AI and IoT Impacting the Consumer Shopping Experience in Korea
As the world adjusts to shopping online since COVID-19, South Koreans are already used to it. South Korea already ranked inside the top 3 for online shopping even before COVID-19. Now, South Korea ranks second behind China in terms of online consumption. It is estimated that a little over 50% of…
A Comprehensive Guide to 5G in South Korea
While China is considered King when it comes to 5G technology, then South Korea is the prince. South Korean telecommunication companies have made 5G services available to consumers in April 2019. The Korean government has offered tax breaks and government investments totaling $27 billion by 2022.…
MixCare Health – A Health and Wellness Platform for Enterprises
Healthcare is one of the most fundamental human rights, yet people in many parts of Asia are not getting the most effective healthcare from their providers. One important factor contributing to this disparity is the lack of democratization and digitization in healthcare systems. Digital…
Quickwork Helps Enterprises Build Automated Workflows
There is no doubt that modern enterprises are facing a significant challenge when connecting different applications and systems to automate workflows and processes. On the one hand, enterprises need to ensure that their solutions are flexible, easy-to-use, and accessible for all employees. On the…
10 Creative Online Classes on Class101 – English Site
Class101 is a Korean educational startup that offers online courses where you can learn a wide variety of things. From drawing, cooking, photography, and crafts to business skills for your career, it offers a wide range of kinds. If you are looking for a new hobby or want to develop skills that can…
