South Korea’s Older Adults Employment Rate Reaches 70% Milestone
As South Korea's society rapidly ages, the employment rate of older adults, aged 55–64, last year surpassed 70% for the first time since statistical records began. According to the Ministry of Employment and Labor’s "Trends in Older Adult Employment" data released on the 4th, the employment rate for older adults last year was 70.5%, exceeding 70% for the first time since related statistics began in 1983. This marks a slight increase from the previous year’s 69.9%. The statistic defines those...
