SEOUL, Aug. 13 (Korea Bizwire) – A recent study has revealed that one in eight middle-aged South Koreans are caught in a challenging predicament, shouldering the burden of family care while simultaneously lacking adequate preparation for their own retirement. The Korea Institute for Health and Social Affairs (KIHASA) released a report on August 11 titled “The [...]
SEOUL, Jun. 15 (Korea Bizwire) – In their youth, scores of middle managers thrived in demanding roles that required expertise in data analysis, organizational oversight and other specialized skills. But many find themselves driving taxis or working as apartment security guards after reaching their 50s, according to a new government study. The study, released on June [...]
SEOUL, Oct. 15 (Korea Bizwire) — Middle-aged South Koreans suffer more from anxiety than seniors, a recent study concluded. Samsung Life Insurance Co. conducted a survey of 1,000 people between the age of 40 and 75, including 800 patients suffering from chronic diseases, which showed that those in their 40s and 50s were exposed to [...]
SEOUL, Aug. 6 (Korea Bizwire) — Starbucks Korea has launched a new program aimed at helping middle-aged small business owners who want to open or work at a café. The company is now accepting applications for a program titled ‘Restart’, which is a professional education program specialized in teaching students how to open and run [...]
SEOUL, Feb. 25 (Korea Bizwire) — A recent study has found that South Koreans in their 50s and older have cut spending due to anxiety over their income in their retirement years, contributing to the overall decline in the country’s propensity to consume. In a report released Monday, the Bank of Korea (BOK) analyzed the [...]
SEOUL, May 27 (Korea Bizwire) — Amid growing interest in animal welfare as South Korean society enters the era of 10 million pets, animal-related jobs are becoming a new opportunity for social participation for the elderly and middle-aged women, who are alienated from social activities. Earlier this year, Gwanak District in Seoul recruited six senior [...]
SEOUL, Mar. 22 (Korea Bizwire) — Purchases of instant meals by busy middle-aged South Koreans soared nearly 1.6 times this year thanks to their convenience, industry data showed Friday. According to major online shopping mall Gmarket, sales of instant rice, soup and other meals to customers in their 40s and 50s jumped 152 percent on-year [...]
SEOUL, Nov. 22 (Korea Bizwire) — A new study has revealed that an increasing number of South Koreans over the age of 40 are receiving orthodontics treatment. The Korean Association of Orthodontists (KAO) conducted a study based on data from university hospitals and general hospitals in five major cities in South Korea — Seoul, Busan, [...]
SEOUL, Dec. 28 (Korea Bizwire) – South Korea’s state pension said Thursday the monthly cost of living for a citizen aged 50 and above to maintain a minimum lifestyle is estimated at 1.45 million won (US$1,350), which hovers far above the actual pension currently being paid out to recipients. The National Pension Research Institute said [...]
SEOUL, Sep. 13 (Korea Bizwire) – Gout is well known for causing excruciating pain to its patients even when breeze touches their skin. Especially, the middle-aged and the elderly are prone to this painful experience; the number of its patients is steadily on the rise. According to the latest statistics from the National Health Insurance Service [...]