The Chosun Ilbo (English Edition): Daily News from Korea

More Parents Team Up with Kids to Start Businesses: More and more parents are teaming up with their children to start new businesses as young people find it more difficult to stand on their own feet. Fried-chicken franchise Genesis BBQ analyzed 171 outlets that opened under its banner between 2013 and 2015. >> Full Text

Salaries at Top Businesses Fall: The average salaries at some of the country's biggest companies fell last year. At SK Telecom, for example, the average salary was a whopping W101 million, but that was still down around W1 million compared to the previous year and the first time salaries shrank. >> Full Text

More University Graduates Go to Vocational School: Some 1,391 university graduates entered vocational colleges this semester, the Korean Council for University College Education said Wednesday. Over 300,000 students graduate from university every year, but the job market is getting worse and many opt to re-train. >> Full Text