May 24, 2012 13:36
Koreans work on average 2,193 hours a year, and only 62 percent of people are satisfied with their lives. Korea ranks 24th in terms of the quality of life and well-being among 34 OECD member states plus Brazil and China, according to a index published by the OECD.
The OECD released the "Better Life Index" on Tuesday based on 11 topics it identified as essential for "material living conditions and quality of life." They are housing, income, jobs, community, education, environment, governance, health, life satisfaction, safety, and work-life balance.
Australia topped the list, followed by Norway, the U.S., Sweden, Denmark, Canada, Switzerland, the Netherlands, and New Zealand. Japan slid to 21st, down two places from last year. Korea scored high on educational attainment, student skills, and safety.
Some 80 percent of adults aged 25 to 64 have at least a high-school diploma, well above the OECD average of 74 percent. But Korea ranked among the worst in terms of working hours, employment, and environment. Koreans work 2,193 hours a year, a whopping 444 more than the OECD average of 1,749.
Only 63 percent of economically active 15 to 64-year-olds have jobs, well below the average of 66 percent, putting Korea in 23rd place in the category.
Korean life expectancy is 81 years, one year longer than the average, with 77 for men and 84 for women.
The OECD first released the index instead of mere GDP statistics last year, when Korea ranked 26th, but that did not include Brazil and China.
- Copyright © Chosunilbo & Chosun.com