dual income Archives | Be Korea-savvy
Popularity of Meal Kits and Kids’ Cafes Soar with Increase in Dual-Income Households

Popularity of Meal Kits and Kids’ Cafes Soar with Increase in Dual-Income Households

SEOUL, Jun. 5 (Korea Bizwire) – As the number of dual-income households increases in South Korea, more grandparents are taking on child care responsibilities, leading to a surge in their use of meal kit delivery services and kids’ cafes, according to new data. Shinhan Card’s Big Data Research Institute reported on June 4 that the proportion [...]

Seoul’s Working Parents Grapple with Depression and Work-Life Imbalance

Seoul’s Working Parents Grapple with Depression and Work-Life Imbalance

SEOUL, Jun. 3 (Korea Bizwire) – A staggering 24% of dual-income families in Seoul experience symptoms of depression, according to a new study by the Seoul Research Institute. Working mothers and fathers struggle with insufficient societal and institutional support for child-rearing and caregiving responsibilities. Alarmingly, 15.8% of unmarried youths in Seoul within the optimal marriage age [...]

Dual Income Households Make 1.4 Times More Than Families with Sole Bread Earner

Dual Income Households Make 1.4 Times More Than Families with Sole Bread Earner

SEOUL, Nov. 30 (Korea Bizwire) - Dual income households in South Korea brought home 1.4 times more than families with a sole bread earner, a report by a local think tank said Sunday. According to Hyundai Research Institute (HRI), households that had both husband and wife holding jobs brought home an average 5.32 million won (US$4,600) per month in 2014. For families where only one person earned an income, the monthly average stood [...]