Elderly Self-Employment Surge Raises Alarm Over Korea’s Economic Stability

SEOUL, May 16 (Korea Bizwire) — South Korea’s rapidly increasing number of elderly self-employed workers—driven by baby boomer retirements and limited reemployment options—is emerging as a structural risk to the country’s financial stability and long-term economic growth, the Bank of Korea (BOK) said in a joint report with the Korea Development Institute (KDI) on Thursday. Released [...]