How South Korea Is Tackling Its Demographic Crisis ...Middle East

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Some 24.5% of South Koreans aged 70 and above were still working as of January, local media reported Monday, as officials increasingly look to keep more elderly in the workforce to address a demographic crisis. Elderly employment figures have seen a steady increase since the country’s statistics authority started to collect the data in 2005.  [time-brightcove not-tgx=”true”] Among these workers, half of whom are aged 75 and above, 42.1% are considered “simple laborers” by authorities, referring to workers with jobs that are not specialized and require just a few hours of training. Some 30% of them are working in the agriculture, fishing, and forestry industry, while 22.8% wor

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