Number of Young People Employed to Shrink to 42.5 pct of 2021 Level by 2050

SEOUL, Jan. 31 (Korea Bizwire) — The number of young people employed is forecast to shrink to 42.5 percent of the 2021 level by 2050, a report showed Monday, renewing concerns that the fast-aging demographic transition could pose a drag on South Korea’s economy. According to the recent report by the National Assembly Budget Office, [...]