SEOUL, Nov. 2 (Korea Bizwire) – A recent survey has revealed that middle-aged individuals in South Korea aspire to continue their economic activity until the age of 69, on average. However, their average retirement age is actually around 50. According to the findings from the 2023 survey on older adults’ job-seeking activities, released by the Tomorrow [...]
SEOUL, Oct. 11 (Korea Bizwire) — Middle-age consumers in their 40s and 50s are increasingly buying products for one person as some of them opt to not marry and live alone, a local online shopping mall said Thursday. In the January-September period, sales of products designed for one-person households jumped 27 percent from the same [...]
SEOUL, Sept. 13 (Korea Bizwire) — Dance costumes are selling at a furious clip in South Korea, thanks to the blooming dance culture among the middle-aged in their 40s and 50s. According to Gmarket, one of the nation’s leading online shopping malls, sales of dance costumes grew by a striking 713 percent from January to [...]
SEOUL, Nov. 30 (Korea Bizwire) – A local credit card company, BC Card, is predicting that those in their 40s to 50s who share personal interests with Deokhu (mania) or the younger generation will stand out as big players in terms of consumption next year. On November 29, BC Card announced its report of predicted consumption [...]