51.1% of young college graduates are “parasite singles” (unmarried people still living at home with their parents and not financially independent). A high percentage of these parasite singles live with their parents but do not contribute any rent, board, or living expenses; Korean parasite singles thus tend to be housing-dependent.
Most parasite singles had worked (61.7%), or sought jobs and prepared for employment (20.7%) within the previous 4 weeks, whereas 89.9% of those of working age but not in the parasite single category were employed.
65.4% of parasite singles had jobs, with 47.6% of them in full-time employment. 19.5% of them reported that they had jobs they desired. On the other hand, 78.6% of those of working age but not in the parasite single category had jobs, with 79.4% of them in full-time employment, and 42.3% of them reporting that they had jobs they desired. It is thought that the job crunch among the younger generations and a lack of quality jobs are the main causes of the high number of parasite singles.
If students selected colleges primarily based on their academic performance, more than half of them became parasite singles after graduating from college. However, if they selected colleges that would benefit their future employment, a smaller proportion of them became parasite singles.