Elderly workers now dominate South Korea's labor force as population ages (Chosun/23 Oct 2024)

The Chosun Daily reports that South Korea’s labor force is now dominated by workers aged 60 and older, driven by an aging population and low birth rate. Many seniors continue working due to insufficient pensions, as life expectancy rises and the fertility rate remains low. This shift highlights the need for financial self-sufficiency among older workers.