SEOUL, Oct. 30 (Korea Bizwire) – Research has shown that elderly citizens over the age of 60 in Korea spend almost half of their free time watching TV. The ‘Retirement Report No.22′, issued by the Mirae Asset Retirement Research Institute, revealed that the elderly over 60 spent 47.9 percent of their free time ‘watching real [...]
Seoul, July 21 (Korea Bizwire) – A company where only ‘old folks’ are eligible to work will be launched. Dongjak-gu, a district in Seoul, announced on July 20 that they would establish a company called ‘Happiness for the Elderly Inc.’ that will employ elderly citizens over 60. The district will be investing all of the [...]
Seoul, July 9 (Korea Bizwire) — Many Korean senior citizens have been pushed to work to make a living, as 3 out of 10 senior citizens over 65 still find themselves participating in the labor market. According to ‘The economic activity traits of elderly people and political tasks’ (by Kang Eun-na, Assistant Researcher), a report [...]
POHANG, South Korea, Sept 04 (Korea Bizwire) – Pohang City has been so successful in supporting post-retirement job seekers that it is becoming a benchmark among several cities in Korea. Its market-driven characteristics are what made the projects gain much interest from job seekers and municipalities. One project, called ‘smiley shop,’ makes profit by collecting recyclable materials [...]