South Korea’s youth unemployment crisis has reached an alarming level. While elderly employment is on the rise, young people are struggling to find stable jobs, leading to a society where fathers continue to work well into their later years, while their sons remain jobless. The polarization of the job market, economic slowdown, and companies’ preference for experienced workers have all contributed to an employment environment where young people are being pushed to the sidelines.
1. A Job Market of Extremes
South Korea’s current job market is marked by severe polarization. Some industries, such as healthcare and social welfare services, are thriving due to the aging population, while construction and manufacturing are experiencing significant downturns.
Healthcare and social welfare jobs increased by 119,000 last month.
Professional and IT jobs also grew, reflecting demand for high-skilled workers.
Construction jobs fell by 169,000, the biggest drop since records began in 2013.
Manufacturing and retail jobs also declined sharply.
The shrinking construction and manufacturing sectors have left middle-aged workers vulnerable, while the younger generation faces even greater challenges breaking into the workforce.
2. The Disappearing Future of Young Workers
The most concerning trend is the sharp decline in employment among South Korea’s youth (ages 15–29).
218,000 fewer young people were employed compared to the previous year.
The youth employment rate dropped to 44.8%, down 1.5 percentage points from the previous year.
The number of young people who gave up looking for jobs increased to 434,000, a rise of 30,000.
This “giving up” trend is particularly troubling. Many young Koreans, unable to find meaningful work, are now choosing not to participate in the job market at all, instead identifying as part of the growing “lost generation”.
3. Why Are Young People Struggling to Find Jobs?
Several factors contribute to the worsening employment crisis for youth:
✅ Preference for Experienced Workers – Companies increasingly favor mid-career professionals over fresh graduates. ✅ Economic Slowdown – Domestic demand has weakened, leading to job cuts in key industries. ✅ Government Job Programs Focus on the Elderly – The government has expanded direct employment initiatives, but many of these jobs target the 60+ age group, leaving fewer opportunities for young people. ✅ Rigid Employment Culture – South Korea’s seniority-based hiring system makes it harder for young professionals to enter stable careers.
The result? Young Koreans are delaying marriage, struggling financially, and losing hope in their future prospects.
4. Government Efforts & The Road Ahead
In response to the crisis, the South Korean government has announced plans to create over 1.2 million direct jobs in the first quarter of the year. However, most of these are short-term positions with little long-term impact.
Key government initiatives include: ✅ Increased hiring in public sectors and infrastructure projects to stimulate employment. ✅ The launch of the ‘Youth Employment All-Care Platform’ in March, aimed at preventing youth from falling through the cracks after graduation. ✅ Large-scale job fairs to connect young job seekers with companies.
However, without fundamental changes—such as encouraging companies to hire young talent, reforming the rigid seniority-based employment culture, and providing more high-quality jobs—South Korea’s youth unemployment crisis will likely continue to worsen.
South Korea’s real estate market has long been a topic of controversy, with housing prices soaring to unprecedented levels over the past few decades. What was once a basic necessity—owning a home—has now become a luxury and an investment tool for the wealthy. As a result, the nation’s homeownership rate stands at around 60.7%, leaving nearly 40% of the population renting or struggling to enter the market. But how did South Korea get here?
1. The Beginning: The Seeds of an Investment-Driven Market
The shift toward treating real estate as an investment rather than a place to live can be traced back to the rapid economic development and urbanization of South Korea.
Post-War Development Boom (1960s–1980s): South Korea underwent fast industrialization, leading to an influx of people into cities like Seoul. This drove the demand for housing, prompting large-scale apartment construction.
The Rise of Speculation (1990s–2000s): As land became scarce, real estate speculation skyrocketed. People began buying apartments not to live in but to sell later at a higher price.
Government Policies and Loans: Easy access to real estate-backed loans fueled the market, allowing investors to purchase multiple properties and further inflate prices.
Over time, apartments became more than just homes—they turned into wealth-generating assets, creating a cycle where those who already owned property became richer, while others were left behind.
2. The Present: An Unaffordable Market
Today, South Korea faces one of the most expensive real estate markets in the world, especially in Seoul. The housing price surge has created a widening wealth gap and a feeling of hopelessness among young people.
Soaring Apartment Prices: In Seoul, even small apartments cost several million dollars, making homeownership unattainable for many.
Declining Birth Rate & Marriage Trends: With homeownership nearly impossible for young couples, many are choosing not to marry or have children, contributing to South Korea’s low birth rate crisis.
High Rent & Housing Insecurity: Those who cannot buy are forced to navigate a highly competitive rental market, struggling with rising monthly payments.
The Korean dream of owning a home has become a privilege rather than a standard life goal.
3. The Future: Can the Market Be Fixed?
With real estate prices showing no signs of stabilizing, many wonder if housing will ever be affordable again. The government has attempted to regulate the market through tax reforms, lending restrictions, and public housing projects, but these measures have yet to significantly ease the crisis.
Potential solutions include: ✅ Stronger Regulations on Speculation – Limiting multiple-property ownership and enforcing stricter taxes on investors. ✅ Expanding Public Housing Projects – Providing more affordable housing options for middle- and lower-income families. ✅ Decentralization of Development – Encouraging industries and businesses to expand outside of Seoul, reducing demand in the capital.
However, without fundamental changes in mindset and policy, South Korea’s real estate market may remain a high-risk, high-reward investment game—rather than a system designed to provide stable housing for its people.
The employment crisis, driven by a domestic economic downturn, is continuing to worsen. Concerns are growing that, if the economic situation doesn’t improve, the labor market could face a collapse.
January Employment Overview
According to the National Statistics Portal (KOSIS), the number of employed persons in January 2024 reached 27.88 million, which is a 135,000 increase compared to the same month last year.
However, this increase varied significantly by industry. Employment in health and social welfare services saw the largest growth, adding 119,000 jobs. Other sectors like professional, scientific, and technical services (up by 98,000 jobs) and information and communication services (up by 81,000 jobs) also saw notable increases. Most of the growth in health and social welfare services, however, is driven by government financial support, indicating a decline in the overall quality of jobs.
The large crowd on the subway during rush hour
A Decline in Job Openings
In December 2023, the number of new job openings fell by 19.4% compared to the previous year, dropping to 158,227. Among these openings, the number of permanent positions decreased by 26.5%, while temporary positions increased by 7.6%. This shift suggests a growing reliance on temporary jobs over more stable, long-term positions.
Sector-Specific Employment Declines
The construction industry experienced a sharp decline in employment, with 169,000 fewer workers compared to January of the previous year. This marks the largest drop since the 2013 industrial classification revision. The construction sector has seen a consistent decline for nine months, with the gap growing each month.
Manufacturing also faced a downturn, with 56,000 fewer workers compared to January 2023. This marks the seventh consecutive month of job losses in this sector. Similarly, retail employment decreased by 91,000 jobs, continuing an 11-month decline, although the drop in January was slightly smaller than in the previous month.
Employment in Key Age Groups
The number of workers in their 40s and 50s also declined. In January, there were 71,000 fewer employed in their 40s and 14,000 fewer in their 50s. This marks the most significant decrease in employment for people in their 50s in 47 months.
Job Vacancy Rate Hits Historic Low
According to a survey by the job portal Worknet, the job vacancy rate dropped to 0.28 in January 2024, a significant fall from 0.48 in the previous year. This is the lowest rate recorded since the IMF financial crisis in January 1999, when it was 0.23.
The job vacancy rate measures the number of job openings relative to the number of job seekers. A lower vacancy rate indicates that fewer jobs are available for each job seeker, confirming the worsening conditions in the labor market.
Heute stehe ich vor Ihnen, um meine Haltung zur Erklärung des Kriegsrechts darzulegen.
Derzeit behauptet die Oppositionspartei, dass die Erklärung des Kriegsrechts Hochverrat sei und Chaos verursache.
Ist das wirklich der Fall?
Wer stört tatsächlich die Regierung und verstößt gegen die Verfassung in Südkorea?
In den letzten zweieinhalb Jahren hat die große Oppositionspartei sich geweigert, den vom Volk gewählten Präsidenten anzuerkennen und hat unaufhörlich seinen Rücktritt und seine Amtsenthebung gefordert.
Sie haben sich geweigert, die Ergebnisse der Präsidentschaftswahl anzuerkennen.
Seit der Wahl gab es 178 Demonstrationen, die den Rücktritt und die Amtsenthebung des Präsidenten forderten. Diese Demonstrationen fanden bereits zu Beginn seiner Amtszeit statt.
Im Versuch, die Fähigkeit des Präsidenten zur Regierungsführung zu lähmen, hat die Opposition Dutzende von Regierungsbeamten zur Amtsenthebung vorgeladen.
Obwohl diese Beamten nichts falsch gemacht hatten, wurden ihre Aufgaben für längere Zeit suspendiert, von der Einreichung der Amtsenthebungsanträge bis zum endgültigen Urteil.
Bevor die Amtsenthebung vorgeschlagen wurde, traten viele öffentliche Beamte von sich aus zurück.
Dieser Missbrauch der Amtsenthebung hat die Regierung gelähmt.
Die Oppositionspartei hat Minister, den Vorsitzenden der Korea Communications Commission, den Auditor General, der ihre Vergehen untersuchte, und sogar Staatsanwälte ihres Amtes enthoben. Sie haben Richter eingeschüchtert.
Dies ist ein Akt der Vertuschung ihrer Vergehen durch “Schutz-Amtsenthebungen”, die die öffentliche Ordnung und die Rechtsstaatlichkeit vollständig untergraben.
Darüber hinaus haben sie 27 Mal verfassungswidrige Sonderstaatsanwalt-Gesetze vorgeschlagen und politische Kampagnen gestartet.
Sie haben sogar versucht, Gesetze zur Selbstamnestie zu verabschieden, die es Verbrechern ermöglichen, sich selbst Immunität vor Strafverfolgung zu gewähren.
Die Nationalversammlung, die von der großen Oppositionspartei kontrolliert wird, ist zu einem Ungeheuer geworden, das nicht das Fundament der freien Demokratie zerstört, sondern die verfassungsmäßige Ordnung der freien Demokratie.
Was anderes könnte das sein als eine lähmende Krise der Regierung und eine nationale Krise?
Aber das ist noch nicht alles.
Nun bedroht die große Oppositionspartei die nationale Sicherheit und die soziale Sicherheit.
Zum Beispiel wurden im Juni drei chinesische Staatsangehörige beim Fotografieren des US-Flugzeugträgers in Busan mit Drohnen erwischt. Ihre Smartphones und Laptops enthüllten Fotos südkoreanischer militärischer Einrichtungen, die über mindestens zwei Jahre hinweg aufgenommen worden waren.
Letzten Monat wurde ein chinesischer Staatsangehöriger in den 40ern beim Fotografieren des Nationalen Nachrichtendienstes mit einer Drohne erwischt.
Diese Person ging sofort zum Nationalen Nachrichtendienst, was bestätigte, dass er in dieser Aktivität verwickelt war.
Doch die derzeitigen Gesetze erlauben es nicht, ausländische Spione wegen Spionage zu bestrafen.
Um dies zu verhindern, versuchte ich, die Spionagebestimmungen im Strafgesetzbuch zu ändern, doch die große Oppositionspartei blockierte diesen Versuch vehement.
Nicht nur, dass die vorherige Regierung dem Nationalen Nachrichtendienst die Befugnis zur Untersuchung nationaler Sicherheitsfälle entzogen hat, sie versucht auch, das Gesetz zur nationalen Sicherheit abzuschaffen.
Bedeutet das, dass wir keine Spione fangen sollten, die die nationale Sicherheit bedrohen?
Trotz der illegalen Entwicklung von Atomwaffen und Raketenprovokationen von Nordkorea, GPS-Störungen und Ballonvorfällen, sympathisiert die große Oppositionspartei nicht nur mit Nordkorea, sondern diffamiert auch die Regierung, die versucht, darauf zu reagieren.
Sie argumentieren sogar, dass die UN-Sanktionen gegen Nordkorea wegen der illegalen Atomwaffenentwicklung aufgehoben werden sollten.
Welches Land hat eine politische Partei und eine Nationalversammlung, die so handelt?
Das Budget für besondere Ermittlungen und Sonderaktivitäten in den Staatsanwaltschaften und der Polizei wurde auf Null gesenkt.
Diese Mittel sind entscheidend für die Untersuchung von Finanzbetrug, Verbrechen gegen schutzbedürftige Gruppen, Drogenkriminalität und nationalen Sicherheitsfällen.
Sie haben Mittel für die Bekämpfung von Drogenkriminalität und Deepfake-Verbrechen drastisch gekürzt.
Sie blockieren Ermittlungen zu sozialen Verbrechen, einschließlich Drogenkartellen und organisiertem Verbrechen.
Sind diese Menschen dabei, Südkorea in ein Paradies für Spione, einen Drogenmarkt und eine Gangsternation zu verwandeln?
Dies sind die antinationalen Kräfte, die das Land zerstören wollen.
Unterdessen haben sie das Budget der Nationalversammlung erhöht, um ihre Privilegien zu erhalten.
Auch die Wirtschaft befindet sich im Notstand.
Die große Oppositionspartei versucht, Südkoreas Wachstumsfaktoren zu ersticken.
Wenn man sich die von der Demokratischen Partei vorgeschlagenen Budgetkürzungen ansieht, wird dies deutlich.
Sie haben das Budget zur Unterstützung des Atomkraftindustrie-Ökosystems um 90 % gekürzt und das Budget für den Export von tschechischer Atomkraft nahezu eliminiert. Sie haben das Budget für die Entwicklung der nächsten Generation von Atomkraft drastisch gesenkt.
Sie haben auch Mittel für zukünftige Wachstumsfaktoren wie grundlegende wissenschaftliche Forschung, Quanten-Technologie, Halbleiter und Biotechnologie drastisch gekürzt.
Das Budget für die Erforschung der Gaskfelder im Ostmeer, das sogenannte “Great Whale Project”, wurde im Wesentlichen gestrichen.
Sie haben auch die Mittel für die Jugendarbeitsförderung, den Aufbau von Kindervermögen für benachteiligte Gruppen und Zuschüsse für die Kinderbetreuung reduziert.
Der Innovationswachstumsfonds für die Schaffung von Industrie-Ökosystemen und die Unterstützung von kleinen und mittleren Unternehmen wurde ebenfalls gekürzt.
Sie haben den Katastrophenmanagementfonds um eine Billion Won gesenkt und die Forschungs- und Entwicklungsmittel für die Pandemievorbereitung, einschließlich Impfstoffentwicklung, gekürzt.
Somit befindet sich Südkorea in einem Zustand der lähmenden Krise und sozialen Unordnung, da die normale Funktionsweise von Verwaltung und Justiz aufgrund der legislativen Diktatur und der rücksichtslosen Handlungen der großen Oppositionspartei unmöglich geworden ist.
Liebe Bürger,
Sie wissen wahrscheinlich schon vieles von dem, was ich geteilt habe.
Es gab jedoch noch schwerwiegendere Probleme, die ich bis jetzt nicht offenlegen konnte, was mich zur Erklärung des Kriegsrechts veranlasste.
Im zweiten Halbjahr des letzten Jahres gab es einen Hackerangriff auf verfassungsmäßige Institutionen und Regierungsbehörden, einschließlich der Nationalen Wahlkommission, durch Nordkorea. Der Nationale Nachrichtendienst entdeckte dies und versuchte, nach Datenlecks zu suchen und die Sicherheit der Computersysteme zu gewährleisten.
Alle anderen Behörden stimmten der Inspektion durch den Nationalen Nachrichtendienst zu, aber die Wahlkommission weigerte sich hartnäckig, dies zu akzeptieren, indem sie sich auf ihren Status als verfassungsmäßige Institution berief.
Als ein großes Einstellungs-Skandal in der Wahlkommission aufkam und sie einer Prüfung und Untersuchung unterzogen wurde, willigten sie ein, sich der Inspektion des Nationalen Nachrichtendienstes zu unterziehen, erlaubten jedoch nur eine teilweise Überprüfung ihrer Systeme.
Doch diese teilweise Überprüfung ergab eine ernste Situation. Als ein Mitarbeiter des Nationalen Nachrichtendienstes versuchte, in das System einzudringen, wurde deutlich, dass eine Datenmanipulation möglich war und nahezu keine Firewall vorhanden war.
Die Passwörter waren äußerst einfach, wie “12345”.
Die Sicherheitsmanagementfirma war klein und fehlte es an professioneller Expertise.
Als Präsident war ich schockiert, als ich diesen Bericht vom Nationalen Nachrichtendienst erhielt.
Wie konnte das Wahlsystem, der Kern der Demokratie, in einem solch chaotischen Zustand sein? Wie können Bürger den Wahlergebnissen vertrauen, wenn das System so schlecht verwaltet wird?
Obwohl die Wahlkommission an der Sicherheitsüberprüfung des Nationalen Nachrichtendienstes teilnahm, wiederholte sie hartnäckig, dass sie keine Daten manipuliert hätten.
Als verfassungsmäßige Institution ist es der Wahlkommission jedoch nahezu unmöglich, ohne Kooperation mit einer Durchsuchungsanordnung überprüft zu werden, sodass die Wahrheit praktisch nicht ermittelt werden kann.
Ich forderte Verbesserungen in den problematischen Bereichen vor den Parlamentswahlen im April 2024, doch es ist unklar, ob irgendwelche signifikanten Veränderungen vorgenommen wurden.
Deshalb gab ich den Befehl, die Computersysteme der Wahlkommission durch das Verteidigungsministerium zu überprüfen.
Vor kurzem, als die große Oppositionspartei, die Demokratische Partei, versuchte, den Auditor General und den Generalstaatsanwalt, der ihre Vergehen untersuchte, abzusetzen, wurde mir klar, dass ich nicht länger tatenlos zusehen konnte.
Ich entschied, dass etwas unternommen werden musste.
Es war klar, dass sie bald auch gegen die Justiz eine ähnliche Amtsenthebung durchführen würden.
Dies führte mich dazu, über die Erklärung des Kriegsrechts nachzudenken.
Obwohl die große Oppositionspartei immer wieder ihre verfassungsmäßigen Befugnisse missbraucht hat, um verfassungswidrige Handlungen vorzunehmen, beschloss ich, meine präsidentielle Macht im Rahmen der Verfassung auszuüben.
Ich erklärte das Kriegsrecht als Reaktion auf die derzeitige lähmende Krise und soziale Unordnung, die dazu führte, dass die Verwaltungs- und Justizfunktionen zusammenbrachen, um die Öffentlichkeit vor den antinationalen Handlungen der Opposition zu warnen und die verfassungsmäßige Ordnung des Landes wiederherzustellen.
Tatsächlich, nachdem das Kriegsrecht am 4. Dezember aufgehoben wurde, stimmte die Demokratische Partei zu, die Amtsenthebung des Auditor Generals und des Generalstaatsanwalts zu verschieben, was darauf hinweist, dass das kurzfristige Kriegsrecht eine Wirkung hatte.
Doch nur zwei Tage später setzten sie die Amtsenthebung trotzdem fort und versuchten, die Rechtfertigung für das Kriegsrecht zunichte zu machen.
Von Anfang an hatte ich den Minister der Verteidigung angewiesen, das Kriegsrecht in einem Format zu verwenden, das nicht darauf abzielte, die Opposition zu unterdrücken, sondern die Krise der Öffentlichkeit zu vermitteln und sie zu stoppen.
Ich setzte nur eine kleine Anzahl von Truppen ein, um die Ordnung zu wahren, und erklärte, dass sie sofort abgezogen werden würden, wenn die Nationalversammlung das Kriegsrecht aufhob.
Als die Nationalversammlung das Kriegsrecht aufhob, gab ich sofort den Befehl zum Abzug der Truppen.
Die kleine Anzahl von Truppen, die während eines kurzen Zeitraums in der Nationalversammlung eingesetzt wurden, war nie dazu gedacht, die Nationalversammlung aufzulösen oder ihre Funktion zu lähmen.
Ich gab den Befehl, die normale Arbeit in der Nationalversammlung aufrechtzuerhalten und jegliche Störungen der Fernsehübertragungen zu vermeiden.
Die eingesetzten Soldaten waren Elite-Unteroffiziere und Offiziere, um Sicherheit zu gewährleisten und jegliche Opfer zu vermeiden.
Dies war eine notwendige Notmaßnahme, um die demokratische Ordnung zu schützen, aber sie wurde mit äußerster Vorsicht und minimalen Auswirkungen durchgeführt.
Trotz gegenteiliger Behauptungen gab es keinerlei Absicht, militärische Gewalt einzusetzen, um die Nationalversammlung zu unterdrücken.
Diejenigen, die versuchen, mich mit falschen Anklagen des Hochverrats zu beschuldigen und aus dem Amt zu entfernen, tun dies, weil der Vorsitzende der Oppositionspartei kurz davorsteht, verurteilt zu werden.
Durch die Amtsenthebung versuchen sie, sich der Verantwortung zu entziehen und vorgezogene Wahlen zu erzwingen.
Dies ist die wahre Bedrohung für unsere verfassungsmäßige Ordnung.
Ob sie mich absetzen oder mich untersuchen, ich werde standhaft bleiben.
Ich habe bereits erklärt, dass ich rechtliche oder politische Verantwortung in Bezug auf die Erklärung des Kriegsrechts nicht scheuen werde.
Seit meinem Amtsantritt habe ich mich nie um persönliche Popularität oder den Erhalt meines Amtes gekümmert. Wäre ich auf den Erhalt meines Amtes fokussiert, hätte ich den Konfrontationen mit den Kräften, die die Verfassung untergraben, ausgewichen.
Aber ich konnte nicht den Willen des Volkes, das mich gewählt hat, ignorieren.
Ich habe gegen legislative Übergriffe und Autoritarismus gekämpft, nicht für mein eigenes Amt, sondern für den Schutz der Demokratie in Südkorea und die verfassungsmäßige Ordnung.
Dies war eine notwendige Entscheidung als Präsident, und sie kann nicht als Hochverrat betrachtet werden.
Die Erklärung des Kriegsrechts war eine extreme, aber wesentliche Maßnahme, um Stabilität wiederherzustellen, Bedrohungen der nationalen Sicherheit zu verhindern und die Rechtsstaatlichkeit wiederherzustellen.
Ich bin fest davon überzeugt, dass dies die richtige Entscheidung für die Zukunft des Landes war.
Today, I stand before you to present my stance on the martial law declaration.
Currently, the opposition party is claiming that the declaration of martial law constitutes treason and is causing chaos.
Is that really the case?
Who, in fact, is currently disrupting the government and violating the constitution in South Korea?
For the past two and a half years, the large opposition party has refused to recognize the president elected by the people and has relentlessly called for his resignation and impeachment.
They have refused to accept the results of the presidential election.
Since the election, there have been 178 rallies calling for the president’s resignation and impeachment. These rallies have been held from the early days of his term.
In an attempt to paralyze the president’s ability to govern, the opposition has pushed for the impeachment of dozens of government officials since the government’s inception.
Even though these officials had done nothing wrong, their duties were suspended for extended periods, from the filing of the impeachment to the final ruling.
Before impeachment was proposed, many public officials resigned on their own initiative.
This abuse of impeachment has paralyzed the government.
The opposition party has impeached ministers, the chairman of the Korea Communications Commission, the Auditor General who investigated their wrongdoings, and even prosecutors. They have intimidated judges.
This is an act of shielding their wrongdoings through “shielding impeachment,” completely undermining public discipline and the rule of law.
Moreover, they have repeatedly proposed unconstitutional special prosecutors’ bills 27 times, launching political campaigns.
They have even pushed for self-amnesty laws, allowing criminals to grant themselves immunity from prosecution.
The National Assembly, controlled by the large opposition party, has become a monster that destroys not the foundation of free democracy, but the constitutional order of free democracy.
What else could this be but a paralysis of government and a national crisis?
But that is not all.
Now, the large opposition party is threatening national security and social safety.
For example, in June, three Chinese nationals were caught flying drones to photograph the U.S. aircraft carrier docked in Busan. Their smartphones and laptops revealed photos of South Korean military facilities taken over the course of at least two years.
Last month, a Chinese national in his 40s was caught using a drone to photograph the National Intelligence Service.
This person went straight to the National Intelligence Service upon entering Korea, confirming that he had engaged in this activity.
However, current laws do not allow foreign spies to be punished for espionage.
To prevent this, I attempted to amend the espionage provisions in the criminal law, but the large opposition party strongly blocked this effort.
Not only did the previous administration strip the National Intelligence Service of its authority to investigate national security cases, but they are also attempting to abolish the National Security Law.
Does this mean we should not capture spies who threaten national security?
Despite North Korea’s illegal nuclear weapons development and missile provocations, GPS jamming, and balloon incidents, the large opposition party has not only sympathized with North Korea but also relentlessly smeared the government that is working to respond.
They even argue that the UN sanctions against North Korea should be lifted because of North Korea’s illegal nuclear development.
Which country’s political party and national assembly is this?
The budget for next year’s special criminal investigations and special activities in the prosecution and police forces has been slashed to zero.
These funds are crucial for investigating financial fraud, crimes targeting vulnerable groups, drug crimes, and national security cases.
They have drastically reduced funds for addressing drug-related crimes and deepfake crimes.
They are obstructing investigations into social crimes, including drug cartels and organized crime.
Are these people trying to turn South Korea into a haven for spies, a drug den, and a gangster nation?
These are the anti-national forces who are trying to destroy the country.
Meanwhile, they increased the National Assembly’s budget to maintain their privileges.
The economy is also in a state of emergency.
The large opposition party is attempting to extinguish South Korea’s economic growth engines.
Looking at the budget cuts proposed by the Democratic Party, we can see this clearly.
They cut the budget for supporting the nuclear power industry ecosystem, reducing the budget for exporting Czech nuclear power by 90%. They nearly eliminated the budget for developing next-generation nuclear power.
They also drastically slashed budgets for future growth engines like basic scientific research, quantum technology, semiconductors, and biotechnology.
The budget for exploring the East Sea gas fields, the so-called “Great Whale Project,” has been essentially eliminated.
They also slashed funding for youth job support, child asset building for vulnerable groups, and child care subsidies.
The innovation growth fund for creating industrial ecosystems and support for small and medium-sized enterprises has also been cut.
They reduced the contingency fund for disaster management by one trillion won and slashed research and development budgets for pandemic preparedness, including vaccine development.
Thus, South Korea is in a state of government paralysis and social disorder, with the normal functioning of administrative and judicial systems rendered impossible due to the legislative dictatorship and reckless actions of the large opposition party.
Dear citizens,
You are likely already aware of much of what I have shared.
However, there have been even more serious issues that I have been unable to disclose until now, which led to my decision to declare martial law.
In the second half of last year, there was a hacking attack on constitutional institutions and government agencies, including the National Election Commission, by North Korea. The National Intelligence Service detected this and tried to check for data leaks and ensure the safety of the computer systems.
All other agencies agreed to the National Intelligence Service’s inspection under their observation, but the Election Commission, citing its status as a constitutional institution, stubbornly refused.
When a large-scale hiring scandal at the Election Commission surfaced and it was subject to audit and investigation, they relented and agreed to the National Intelligence Service’s inspection, but only allowed a partial inspection of their systems.
However, this partial inspection revealed a grave situation. When a National Intelligence Service employee tried to hack into the system, it was clear that data manipulation was possible and there was virtually no firewall.
The passwords were extremely simple, like “12345.”
The security management company was small and lacked professional expertise.
As president, I was shocked when I received this report from the National Intelligence Service.
How could the electoral system, the core of democracy, be in such a chaotic state? How can citizens trust election results when the system is so poorly managed?
Although the Election Commission participated in the National Intelligence Service’s security check, it kept repeating that they had not manipulated any data.
As a constitutional institution, the Election Commission is difficult to investigate with a search warrant, making it virtually impossible to determine the truth if they do not cooperate.
I requested improvements for the problematic areas before the April 2024 general election, but it is unclear whether any significant changes were made.
That is why I ordered the Minister of National Defense to inspect the Election Commission’s computer systems.
Recently, when the large opposition party, the Democratic Party, attempted to impeach the Auditor General and the Chief Prosecutor investigating their wrongdoings, I realized that I could no longer stand by and watch.
I decided that something had to be done.
It was clear that they would soon bring the same impeachment threat to the judiciary.
This led me to consider declaring martial law.
Although the large opposition party has repeatedly abused its constitutional powers to take unconstitutional actions, I decided to exercise my presidential powers within the framework of the constitution.
I declared martial law in response to the current paralyzing crisis and social unrest that was leading to the collapse of administrative and judicial functions, in order to warn the public about the anti-national behavior of the opposition and to restore the nation’s constitutional order.
In fact, after the martial law was lifted on December 4, the Democratic Party agreed to postpone the impeachment of the Auditor General and the Chief Prosecutor, indicating that the short-lived martial law had some effect.
However, just two days later, they proceeded with impeachment anyway, attempting to nullify the justification for martial law.
From the outset, I had instructed the Minister of National Defense to use the format of martial law not to crush the opposition but to communicate the crisis to the public and urge them to stop.
I deployed a small number of troops only to maintain order and stated that they would be withdrawn immediately if the National Assembly voted to lift martial law.
When the National Assembly voted to lift the martial law, I ordered the withdrawal of troops right away.
The small number of troops deployed at the National Assembly for a brief period was never meant to dissolve the National Assembly or paralyze its function.
I gave instructions to maintain normal operations at the National Assembly and to avoid any disruptions to broadcast transmissions.
The soldiers deployed were elite non-commissioned officers and officers to ensure safety and avoid any casualties.
This was a necessary emergency measure to protect the democratic order, but it was carried out with utmost caution and with minimal impact.
Despite claims to the contrary, there was no intention to use military force to suppress the National Assembly.
Those who are trying to frame me with false accusations of treason and remove me from office are doing so because the leader of the opposition party is facing imminent conviction.
Through impeachment, they are trying to escape responsibility and force an early election.
This is the real threat to our constitutional order.
Whether they impeach me or investigate me, I will stand firm.
I have already stated that I will not avoid legal or political responsibility in relation to the declaration of martial law.
Since taking office, I have never been concerned about personal popularity or maintaining my position. If I were focused on preserving my office, I would have avoided confronting forces that are undermining the constitution.
But I could not turn my back on the will of the people who elected me.
I have fought against legislative overreach and authoritarianism, not for my own position but for the protection of South Korea’s democracy and the constitutional order.
This was a necessary decision as president, and it cannot be regarded as treason.
The martial law declaration was an extreme but essential measure taken to restore stability, prevent national security threats, and restore the rule of law.
I am resolute in my conviction that this was the right decision for the country’s future.
For centuries, traditional Korean burial culture revolved around “sanso” (산소)—family gravesites nestled in the mountains. Visiting and maintaining ancestral graves was considered a sacred duty, and families gathered during Chuseok (Korean Thanksgiving) and Lunar New Year to pay respects to their ancestors. However, in modern Korea, this practice is rapidly fading.
1. The Disappearance of Traditional Graves
In the past, owning and maintaining a family burial site was a symbol of filial piety and respect for one’s ancestors. However, today, securing land for a traditional grave has become nearly impossible due to:
Land Scarcity: Korea’s mountainous terrain and rapid urbanization leave little space for new graves.
High Maintenance Costs: Families struggle with the financial burden of maintaining burial sites, especially as younger generations move to cities.
Changing Social Norms: As people adopt a more practical approach to life and death, the idea of elaborate gravesites is losing appeal.
As a result, burial culture is disappearing, with cremation becoming the dominant choice.
2. The Rise of Cremation and Columbariums
In contrast to the past, where burial was the norm, today, over 90% of Koreans opt for cremation. Instead of large gravesites, families now store ashes in columbariums (납골당)—designated memorial halls where urns are placed in neatly arranged compartments.
This shift is driven by:
Lower Costs: Cremation is significantly cheaper than purchasing land for a burial.
Space Efficiency: Columbariums require less space and are more sustainable in a densely populated country.
Convenience: Visiting a columbarium is easier than traveling to a remote mountainside grave.
For many, cremation is not just a financial decision but also a practical adaptation to modern realities.
3. The Future of Korean Funeral Traditions
With cremation becoming the standard, the image of traditional graves in the mountains may soon become a thing of the past. Instead, new trends are emerging:
Eco-friendly burials: Some families scatter ashes in designated natural areas or opt for biodegradable urns.
Personalized memorial services: Digital memorials and online tribute platforms are gaining popularity.
Minimalist approaches: Younger generations prefer simpler, less ritualistic ceremonies.
While Korea’s burial customs continue to evolve, the core values of honoring ancestors and family remembrance remain strong—just in a different form.
South Korea’s once-booming café industry is now facing an alarming downturn. In 2024 alone, 12,242 coffee shops shut down, following a similar trend from 2023, when 12,433 cafés went out of business. This means that, for two consecutive years, an average of 34 cafés have closed every single day.
Once known as the ‘Café Republic’ due to its overwhelming number of coffee shops, South Korea’s café culture is now at a crossroads. What led to this drastic decline?
1. The Burden of Rising Labor Costs
One of the biggest factors behind the surge in café closures is the increase in minimum wage. Higher wages have made it increasingly difficult for small café owners to afford staff, forcing many to either cut hours, operate alone, or shut down altogether. Unlike large franchise chains that can absorb higher labor costs, independent cafés are struggling to survive under the weight of these financial pressures.
2. The Soaring Cost of Coffee Beans and Supplies
Global coffee bean prices have skyrocketed in recent years, putting additional strain on café businesses. Beyond beans, the cost of milk, syrups, and disposable cups has also increased, further eating into already thin profit margins. For smaller cafés without the purchasing power of major brands, these rising costs make profitability nearly impossible.
3. The Rise of Budget Coffee Chains
The dominance of low-cost coffee franchises has significantly reshaped the market. Affordable brands like Mega Coffee and Compose Coffee have aggressively expanded, offering large-sized drinks at prices that independent cafés simply cannot match. Consumers, facing economic hardships of their own, increasingly prefer these budget-friendly options over artisanal or specialty coffee shops.
The result? Small cafés are squeezed out of the market, unable to compete with these large-scale operations that benefit from bulk purchasing, streamlined logistics, and aggressive marketing.
4. Oversaturation: Too Many Cafés, Not Enough Demand
For years, opening a café was considered a relatively low-barrier business opportunity. With minimal entry requirements, many entrepreneurs rushed into the industry, leading to an oversaturation of coffee shops in every neighborhood.
However, as competition intensified and costs rose, many of these small businesses found themselves unable to attract enough customers to stay afloat. The harsh reality is that demand simply has not kept up with supply, leading to a natural correction in the industry.
The Future of South Korea’s Café Culture
Despite the decline in independent cafés, South Korea’s love for coffee is not disappearing. Instead, the market is evolving. Large franchises, high-efficiency budget chains, and premium specialty cafés catering to niche audiences are likely to dominate in the coming years.
For small business owners, the era of ‘just opening a café’ and expecting success is over. Only those with strong branding, unique concepts, and financial resilience will be able to survive in this fiercely competitive market.
The question remains: Will South Korea’s café industry stabilize, or is this just the beginning of a long-term collapse?
South Korea, once renowned for its technological advancements and innovation, now faces a pressing challenge in the realm of Artificial Intelligence (AI). With a delayed start in AI development and a lack of concrete investment plans, the country’s economic future appears increasingly uncertain. This post explores the reasons behind South Korea’s struggles in the AI race and the potential implications for its economy.
The Rise of AI and South Korea’s Lagging Position
Artificial Intelligence has quickly become one of the most transformative technologies of the 21st century. Across the world, countries are investing heavily in AI research, development, and implementation. In nations like the United States, China, and the European Union, AI is seen as a cornerstone of future economic growth and technological leadership.
However, South Korea, despite being recognized as a tech powerhouse with impressive advancements in electronics, telecommunications, and robotics, has been slow to make significant strides in the AI sector. While other countries are rapidly integrating AI into industries such as healthcare, manufacturing, and transportation, South Korea’s investment in AI development has been lackluster.
The Absence of a Clear AI Strategy
One of the most concerning aspects of South Korea’s AI lag is the lack of a clear, unified strategy for AI development. While the government has made some efforts in recent years to address the AI gap, such as pledging investments into tech startups and research initiatives, these efforts remain fragmented and without the scale needed to compete on the global stage.
The government’s investment plans have yet to solidify, and there is no comprehensive, long-term vision to position South Korea as a leader in AI. Unlike its competitors, which have set clear goals for AI integration and application across various sectors, South Korea remains behind in its approach, leaving industries uncertain about the future.
The Economic Consequences of Falling Behind
The economic implications of South Korea’s delay in AI development are stark. AI has the potential to revolutionize industries, improve productivity, and drive economic growth. By not capitalizing on this opportunity, South Korea risks falling behind in the global economy, losing its competitive edge to nations that are making AI a top priority.
For South Korea’s economy, this means missed opportunities for innovation, job creation, and leadership in emerging technologies. AI-driven automation and machine learning offer potential benefits in fields such as manufacturing, logistics, and finance—industries where South Korea has traditionally excelled. Without robust AI capabilities, the country risks losing its dominance in these sectors to nations with stronger AI infrastructures.
Global AI Competition: The Stakes are High
Countries that are already advancing in AI are not only reshaping their economies but also positioning themselves as global leaders in the next technological frontier. South Korea’s competitors, particularly China and the United States, have already made significant inroads in AI research and application, securing substantial government funding, establishing AI-focused industries, and fostering a competitive AI ecosystem.
In this environment, South Korea faces an uphill battle to regain lost ground. The longer the country delays in fully embracing AI, the more challenging it will be to compete on the global stage, especially as AI continues to play a crucial role in shaping the future of everything from labor markets to healthcare systems and national security.
A Gloomy Outlook for the Future
Given the current trajectory, the future of South Korea’s economy looks increasingly uncertain. Without rapid advancements in AI, South Korea may miss out on the economic opportunities that come with this transformative technology. Countries that invest in AI now are positioning themselves for the future, while South Korea’s delayed start leaves it struggling to catch up.
Unless there is a significant shift in both government policy and private sector investment, South Korea risks falling behind in the global AI race—an outcome that could have profound long-term effects on its economy.
A Call for Immediate Action
To reverse this trend and secure a brighter future, South Korea must accelerate its efforts in AI development. This includes creating a comprehensive national strategy, investing in AI research and development, supporting startups, and fostering partnerships with global leaders in the field. If South Korea acts swiftly and decisively, it still has the opportunity to reclaim its position as a global leader in technology.
The time for action is now. If South Korea is to thrive in the AI-driven future, it must act fast to make up for lost time and build a solid foundation for innovation.
In conclusion, the delayed start in AI development has placed South Korea in a precarious position. As the world shifts toward an AI-powered economy, South Korea must urgently reassess its strategy and increase investment in this critical sector. Only then can it hope to secure a sustainable and prosperous future in an increasingly competitive global economy.
South Korea, a nation celebrated for its rapid economic growth, technological advancements, and vibrant pop culture, faces a paradox. Despite being one of the world’s top economies, South Koreans report having some of the lowest happiness satisfaction levels among OECD countries. This troubling trend stands in stark contrast to the image of South Korea as a prosperous and successful nation.
The OECD Happiness Index: A Mirror of Society’s Well-Being
The OECD’s Better Life Index, which measures life satisfaction in member countries, has consistently ranked South Korea near the bottom when it comes to happiness and overall life satisfaction. Despite being the 10th largest economy globally, South Korea’s citizens continue to report dissatisfaction with various aspects of their lives, including work-life balance, mental well-being, and social life.
In the latest report, South Korea’s ranking in happiness satisfaction was alarmingly low, especially compared to other developed nations. Factors such as the grueling work culture, high levels of stress, and societal pressure to succeed have all been identified as contributing factors to this widespread unhappiness.
Long Working Hours: A Major Contributor to Stress
One of the primary reasons for South Korea’s low happiness ranking is the overwhelming culture of overwork. South Korea is notorious for its long working hours, with employees working an average of over 2,000 hours annually — one of the highest rates among OECD countries. The intense work environment, combined with long hours and sky-high expectations, results in a scenario where personal happiness is sacrificed in favor of professional success.
This overwork is not without consequences. South Koreans regularly report high levels of stress and burnout. The relentless drive for professional achievement leaves little time for personal interests, relaxation, or family, all of which are key to a fulfilling life.
The Pressure of Perfection: A Culture of Expectations
Beyond work, South Koreans face immense societal pressure to excel in every aspect of life. From academic achievements to career success and personal appearance, the expectations are crushing. This culture of perfection, although motivating for some, often leaves others feeling inadequate.
The constant pursuit of perfection and the fear of failure contribute to widespread mental health issues, including depression and anxiety. The pressure is especially intense for younger generations, with rising suicide rates among the youth linked to the overwhelming stress caused by academic and social pressures. Unfortunately, South Korea has one of the highest suicide rates in the OECD, a tragic reality that underscores the toll this culture takes on its citizens.
Suicide Rates: The Silent Crisis
South Korea’s alarmingly high suicide rate is a glaring indicator of the psychological strain many citizens are under. According to OECD data, South Korea has one of the highest suicide rates among developed countries, and this has become a national crisis. Mental health issues, exacerbated by stress from work, education, and societal expectations, often go untreated due to the lingering stigma surrounding mental health care.
In particular, youth and elderly populations are particularly vulnerable. Young people face immense pressure to succeed academically and professionally, while the elderly are often left behind in a rapidly changing society. These groups are disproportionately affected by the country’s mental health crisis, with suicide rates reaching tragic levels each year.
Work-Life Imbalance: A Barrier to True Happiness
Another contributing factor to South Korea’s low happiness satisfaction is the persistent work-life imbalance. While many OECD countries emphasize the importance of leisure and personal time, South Korea remains entrenched in a work culture that prioritizes professional success above all else.
The work-life imbalance leaves many South Koreans with little time for relaxation, family, or personal development. Long working hours, combined with the lack of sufficient vacation days, make it nearly impossible for many to achieve a healthy balance between work and life, resulting in a sense of emptiness and unhappiness.
The Importance of Mental Health Awareness
South Korea’s low happiness satisfaction also highlights a significant gap in mental health care. Despite recent efforts to raise awareness, mental health issues are still heavily stigmatized in Korean society. Many people are reluctant to seek help, fearing judgment or the perception of weakness.
As a result, mental health problems, including anxiety, depression, and suicide, continue to grow unchecked. Providing better access to mental health services and promoting open conversations about mental well-being could play a crucial role in improving the overall happiness and satisfaction of South Koreans.
The Path Forward: Finding Balance and Happiness
Despite these challenges, there is hope for change in South Korea. Efforts to improve work-life balance, increase mental health awareness, and promote overall well-being are slowly gaining traction. The government and businesses are beginning to recognize the importance of fostering a healthier and happier society, and wellness movements are growing in popularity.
However, true change will require a shift in the country’s deep-seated culture of overwork and perfection. If South Korea can find a way to prioritize the mental and emotional well-being of its citizens while maintaining its economic and technological prowess, the nation may begin to see a rise in happiness and satisfaction levels in the coming years.
In conclusion, the low happiness satisfaction and high suicide rates in South Korea reflect a deeper societal issue — a culture that prioritizes success at the expense of personal well-being. While the country has achieved great economic success, it must now turn its attention to improving the mental and emotional health of its citizens in order to create a more balanced and fulfilling society.
South Korea, once hailed as an economic miracle, is now facing an alarming decline. The nation, known for its rapid industrialization and technological advancements, is now struggling with a combination of economic stagnation, shifting societal trends, and external pressures. From sluggish exports and an aging population to the erosion of traditional social structures, the reasons behind South Korea’s downfall are complex and deeply interconnected.
Let’s break down the key factors driving South Korea’s decline.
1. Declining Exports: The Crumbling Foundation of the Economy
South Korea’s economy has long been driven by exports, particularly in industries like semiconductors, automobiles, and shipbuilding. However, global economic slowdowns, rising competition from China, and disruptions in supply chains have led to a sharp decline in export revenues. The tech sector, once the pride of the nation, is struggling to maintain its dominance in the face of increasing global competition and shifting market demands.
With exports weakening, South Korea’s economic growth is slowing to a crawl, and the effects are being felt across all sectors of society.
2. Falling Behind in AI: Missing the Future
While the world races ahead in artificial intelligence (AI) development, South Korea has been slow to adapt. Countries like the U.S. and China have poured massive investments into AI research and infrastructure, while South Korea lags behind due to a lack of long-term strategic planning and fragmented investment efforts.
This delay in AI adoption threatens the country’s technological leadership and future job market. Without AI-driven innovations, South Korea risks losing its global competitive edge, further exacerbating economic uncertainty.
3. The Rise of Single-Person Households and a Shifting Society
The increasing number of single-person households is reshaping South Korea’s economy and culture. Fewer marriages, declining birth rates, and a preference for independent lifestyles mean that traditional family structures are disappearing. This shift impacts everything from real estate to consumer spending, as single-person households tend to spend less on large purchases like homes and cars.
With fewer young people contributing to the economy and an aging population requiring more welfare support, South Korea’s demographic crisis is becoming a significant burden on its long-term economic sustainability.
4. The Aging Population and Its Economic Strain
South Korea has one of the fastest-aging populations in the world, with a rapidly declining birth rate. The combination of fewer young workers and a growing elderly population places an immense strain on the country’s social welfare system.
With fewer taxpayers supporting a larger retired population, the government faces increasing financial pressure, which could lead to higher taxes and reduced economic growth. The workforce shortage also threatens productivity levels, making it harder for businesses to remain competitive in the global market.
5. Rising Wages and Inflation: The Cost of Living Crisis
South Korea has seen a significant rise in wages over the years, but this has also led to increased labor costs for businesses. Many companies, especially small and medium-sized enterprises (SMEs), struggle to keep up with wage demands, leading to downsizing, hiring freezes, and even business closures.
At the same time, inflation and rising consumer prices have made everyday life more expensive. Housing prices, utility bills, and grocery costs have skyrocketed, reducing consumers’ purchasing power and further weakening domestic demand.
6. The Decline of Offline Retail and the Coupang Effect
With the rapid rise of e-commerce platforms like Coupang, traditional brick-and-mortar stores are struggling to survive. Consumers have grown accustomed to the convenience of fast, same-day deliveries, making online shopping the preferred method of purchasing goods.
This shift has led to the closure of countless small businesses, department stores, and even major retail chains, further contributing to the decline of local economies, particularly in smaller cities and rural areas.
7. The Smartphone Era and the Collapse of Social Culture
The widespread adoption of smartphones has led to an increasingly isolated society. With entertainment, shopping, and even social interactions moving online, fewer people are engaging in traditional group activities.
Gone are the days of company dinners (회식) and strong workplace bonds. Younger generations prefer spending their free time alone, whether gaming, watching content, or consuming digital media. This cultural shift has weakened community connections, making society more fragmented and less cohesive.
8. High Interest Rates, Currency Fluctuations, and Economic Uncertainty
South Korea has also been hit hard by global financial instability. High interest rates have made borrowing more expensive, affecting businesses and individuals alike. Meanwhile, the rising exchange rate has made imports more costly, contributing to inflation and increasing financial burdens on consumers.
With economic conditions worsening, people are cutting back on spending, further weakening domestic demand and slowing overall economic growth.
9. The Decline of Regional Cities and the Collapse of Small Towns
While Seoul remains the center of economic activity, many regional cities and smaller towns are struggling. Population decline, business closures, and a lack of economic opportunities have led to the collapse of many once-thriving communities.
As young people flock to the capital for better job prospects, rural areas are left with aging populations and declining infrastructure, further deepening the divide between urban and rural South Korea.
The Harsh Reality: South Korea’s Uncertain Future
The combination of these factors has created a perfect storm for South Korea’s decline. Economic stagnation, demographic shifts, cultural changes, and global competition are all contributing to an increasingly uncertain future.
Without bold reforms, strategic investments, and a shift in national priorities, South Korea risks losing the very foundation that made it a global success story.
The question remains: Can South Korea adapt in time, or is it destined for long-term decline?
