  Analysis Poverty and increased life expectancy mean many senior South Koreans must workBut labor market for elderly Koreans is plagued by low-wages, lack of stability and few opportunities  In South Korea, elderly workers, legally defined as those aged 60 and up, are now projected to outnumber those in their 20s by the end of 2024, signaling a deep change in the country's demographic structure. Currently, workers in their 20s constitute the largest segment of the workforce, accounting for 23%. However, they are closely followed by the senior population, who comprise a whopping 21%. © Korea Risk Group. All rights reserved. Get the Daily Briefing Start your day with
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November 24, 2024
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