South Korea's 60-somethings overtake 40-somethings for the first time (Chosun/4 Oct 2024)

The Chosun Daily reports that South Korea's demographic shift has reached a significant milestone, as the number of people in their 60s has surpassed those in their 40s for the first time. This change, driven by the aging baby boomer generation, highlights the country's low birthrate and rapid aging, reshaping its generational makeup. Experts suggest that measures such as extending the retirement age and reforming the pension system will be necessary to address the long-term economic and societal challenges posed by this shift.